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