2min chapter

Bankless cover image

Ram Ahluwalia Predicts MORE Bank Failures

Bankless

CHAPTER

How to Fund a Rapid Deposit Growth

The FDIC protects depositors up to $250,000. So anything above the 250K then. The other key point here is commercial meaning like a business deposit. First Republic bank also had issues with a high exposure to commercial clientele as well and the reason that matters because that's more prone more prone to flight. You know retail money mom and pop and Joe six pack. They're not reading the Wall Street Journal American banker Twitter. Right. That's right. And so what you can see on this chart here is you know who is naked who grew rapidly on the deposit growth turn around bought the securities  and therefore wrote down their equity.

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