7 ms·
When was the last US bank failure where depositors lost money?
by ecopoesis 4y ago
When was the last US bank failure where depositors lost money?
- silisili 4y agoAppears to be 2020, from a cursory Google search. https://money.stackexchange.com/questions/129772/has-anyone-ever-lost-money-over-the-fdic-limit https://money.stackexchange.com/questions/129772/has-anyone-... The oft quoted 'nobody has lost money' is from the FDIC, and specifically says 'insured deposits.'