The rescue of Silicon Valley Bank implies to me that the $250k is more a suggest... | Hacker News

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		TSiege on May 23, 2023 \| parent \| context \| favorite \| on: Binance commingled customer funds and company reve... The rescue of Silicon Valley Bank implies to me that the $250k is more a suggestion than a rule

brookst on May 23, 2023 | [–]

$250k is guaranteed. Above that you take your chances on policy.

I don’t think the $250k was ever intended to be an absolute upper limit.

NovemberWhiskey on May 23, 2023 | [–]

In any case, SVB was primarily a commercial bank, rather than a taker of retail deposits.

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