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MDIs after Silicon Valley Bank: A Conversation with FDIC Vice Chair Travis Hill

Fintech Beat

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The Feds Reverse Repo Facility and Deposit Flight

You know, the question of deposit flight and those statistics are pretty dramatic. When you think about the MDIs, CD and CDFIs just like the regional banks. It's been interesting because there have been some who have obviously faced some real stress and some pressures of deposit flight as well. And so this was, again, in a quarter where we saw record decline in deposits across the industry at MDI andCDFIs again in total with some variety from bank to bank. But it does seem like there might be small tweaks that could be made to make that a little bit less of an attractive competitor.

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