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Posts: 153
In response to
"
FDIC only covers $250,000 per depositor, and that hasn’t changed as far as I’ve seen. -- nm
"
by
znufrii, meh and problematic
"the Fed will make a new lending facility available to banks to buttress any financial risks they face. Also, sale of all or part of SVB’s assets and
Posted by
mara (aka mara)
Mar 13 '23, 07:09
deposits could offset any costs associated with the move."
https://www.usnews.com/news/national-news/articles/2023-03-12/feds-step-in-with-emergency-funds-say-all-svb-deposits-to-be-available-monday
(www.usnews.com)
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