How much money is in the FDIC

DomS

Banned
Jul 15, 2008
1,678
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Does anyone here know? I know the % of banks depends on how large they are, but generally speaking, how much money does the FDIC ACTUALLY have.
 

spidey07

No Lifer
Aug 4, 2000
65,469
5
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I've heard from economists that they can cover about 1% of all insured deposits. I'm sure this has changed now that the limit has gone up so you would expect that percentage to be lower.