FDIC Report Reveals Alarming $7.7 Trillion in Uninsured U.S. Bank Deposits

The Federal Deposit Insurance Corporation (FDIC) has unveiled a startling figure that shows Americans are holding a colossal $7.7 trillion in uninsured deposits within their bank accounts. The agency’s data, captured at the end of March, shows the amount of unprotected deposits in US banks has been increasing for the first time since the last […] source: https://www.cryptoglobe.com/latest/2024/08/fdic-report-reveals-alarming-7-7-trillion-in-uninsured-u-s-bank-deposits/