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A comment on FDIC Establishes Signature Bridge Bank, N.A., As Successor to Signature Bank. Parent comment

Re:FDIC Establishes Signature Bridge Bank, N.A., As Successo... by anon291 on Sunday March 12, 2023 @09:45PM (#35129624)
The premium is set for 250k. Not unlimited. I'd have no problem with unlimited insurance schemes for deposits so long as the premiums are priced to reflect that
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Re:FDIC Establishes Signature Bridge Bank, N.A., As Successo... by the_optimist on Monday March 13, 2023 @02:45AM (#35131983)
The FDIC has not identified any loss assistance required for the “unlimited” guarantee. That is: the equity buffer covered it.
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