Saturday, November 11, 2023

Five bank failures in 2023 to date costing the DIF $35.569 billion

 11-3-23 Citizens Bank of Iowa: cost to the Deposit Insurance Fund is $14.8 million

7-28-23 Heartland Tri-State Bank of Kansas: cost to the DIF is $54.2 million

5-1-23 First Republic Bank of California: cost to the DIF is $13.0 billion

3-12-23 Signature Bank of New York: cost to the DIF is $2.5 billion

3-10-23 Silicon Valley Bank of California: cost to the DIF is $20.0 billion