Midsize U.S. banks reportedly ask the FDIC to insure all deposits for two years

The Silicon Valley Bank headquarters in Santa Clara, California, on March 13, 2023.

Noah Berger | AFP | Getty Images

A coalition of midsize U.S. banks, Mid-Size Bank Coalition of America (MBCA), asked regulators to extend FDIC insurance to all deposits for the next two years, Bloomberg News reported on Saturday citing an MBCA letter to regulators.

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Midsize U.S. banks reportedly ask the FDIC to insure all deposits for two years

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Midsize U.S. banks reportedly ask the FDIC to insure all deposits for two years

Related Articles

Insiders say BTC could test new highs in 2023

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Ben Affleck and Matt Damon shared a bank account when they were teens

Yellen’s comments rattled the market, not the Fed rate hike

Stocks moving big after hours: SCS, COIN, KBH

Coinbase warned by SEC of potential securities charges

Leave a Reply Cancel reply

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