The cost of the Silicon Valley Bank failure to the Deposit Insurance Fund dwarfs the number one IndyMac failure, the Signature Bank failure cost will rank fourth highest ever

 SVB will cost the DIF $20 billion. Signature will cost $2.5 billion.

These are enormous sums.

Combined they represent a 17.55% hit to the $128.2 billion balance of the Deposit Insurance Fund as of 12/31/22.

Reported here and here.

SVB will rank numero uno in this list ahead of IndyMac's $12 billion.

Signature Bank will probably rank fourth ahead of Colonial Bank's $2.4 billion. The final costs are yet to be determined.

Until these two recent failures there were just six institutions in the billion dollar or higher club for DIF bailouts.

FDIC member institutions fund the DIF through FDIC-imposed assessments.

It is received opinion that these bailouts will cost the taxpayers nothing. 

It is a fact that the tax-paying customers of these banks end up paying, through high interest rates on loans and effectively zero return paid by the banks on deposits.