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Deposits should be safe. Insure them without limit.
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Deposits should be safe. Insure them without limit.

Depositors have better things to do than monitor bank risk

Aziz Sunderji's avatar
Aziz Sunderji
Mar 24, 2023
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Home Economics
Home Economics
Deposits should be safe. Insure them without limit.
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Depositors are moving their money away from regional banks in the wake of Silicon Valley Bank’s collapse two weeks ago. Los Angeles-based Pacific Western is the latest to come under pressure.

The fear amongst depositors is palpable—especially amongst businesses that are large enough to have deposits exceeding the FDIC’s $250,000 insurance cap, but too sm…

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