Re:Urgent: Sign the petition now
by lolinder on Saturday March 11, 2023 @07:21PM
(#35114590)
The ordinary-people depositors almost certainly don't have more than $250k in the bank, so they will already be made whole by the FDIC on Monday.
[ Parent
| on HN ]
That is absolutely the plan. The assets are now with a new bank that will be open for business on Monday.
FDIC promises for the ordinary-people, everything will be uninterrupted. Checks from the older SVB accounts will clear, debit cards will work, money will be available.