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A comment on Joint Statement by the Department of the Treasury, Federal Reserve, and FDIC. Parent comment

Re:Joint Statement by the Department of the Treasury, Federa... by Tempest1981 on Sunday March 12, 2023 @08:22PM (#35128775)
The $250k coverage (per depositor) is also funded by taxpayers, right?
[ Parent | on HN ]
Re:Joint Statement by the Department of the Treasury, Federa... by greenyoda on Sunday March 12, 2023 @10:30PM (#35130127)
No, the FDIC is an insurance pool funded by its member banks.
[ Parent | on HN ]