[qwerty1234]

>>PAY Uninsured?....................

Even if you have more than 250K in the bank, it doesn’t mean you lose it all - that would only be true if the bank had no assets left.

Everyone get’s upto 250K that insured, after that is it likely to be a percentage of the money they can recover - all of SVB’s money didn’t just disappear in a flash - maybe the bank owes depositors $100B, and they still have $50B available - that $50B gets returned to depositors to cover some of their losses above the insured amount.

[Skwor]

Except it says Dividend!
Dividend = A dividend is a distribution of profits by a corporation to its shareholders. When a corporation earns a profit or surplus, it is able to pay a portion of the profit as a dividend to shareholders. Any amount not distributed is taken to be re-invested in the business.

I get it if it said paying out remaining assets to uninsured creditors (given the businesses and individuals are the creditors to bank) but is says dividends!

[CodeJockey]

Good info... but at the same time someone who has worked their entire life and saved, not squandered their earnings, $250k may not be anyway near your life's savings.

The Fed insurance amount of 250k nowadays is not really realistic. To put it in perspective, we've pledged over 25 billion of taxpayer dollars to Ukraine.