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FDIC Paid Out Over $1 Billion in Insurance Claims in 2020

July 15, 2023 by Dominica

How much did FDIC pay out? As of Jan. 31, the latest month for which figures are available, the FDIC has paid out $8.89 billion to banks under the loss-share agreements. Such deals are in place at 236 financial institutions, with the FDIC agreeing to assume most future losses on $160 billion of assets. Read … Read more

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2023