First Republic Bank files 8-K – Tech only 4% of total deposits; no sector >9%

Re:First Republic Bank files 8-K – Tech only 4% of total dep... by mFixman on Saturday March 11, 2023 @09:11AM (#35108405)

I have an account with First Republic. Should I panic and desperately try to withdraw all my money?

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Re:First Republic Bank files 8-K – Tech only 4% of total dep... by mbbbb on Saturday March 11, 2023 @11:09AM (#35109520)

Only if you have more than 250k in the account - the first 250k is insured by the government and if the bank fails is typically paid back in less than a week.

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