Tag: Bank Fees
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FDIC Proposes Bank Fees to Replenish Funds Spent on Bailing Out Banks
The Federal Deposit Insurance Corporation (FDIC) is proposing new fees to replenish funds spent bailing out depositors of two banks, Silicon Valley Bank (SVB) and Signature Bank, in March. The bank fees are expected to affect an estimated 113 banks, mostly those with over $50 billion in assets, and will be passed on to their…