Americans Pull $472,000,000,000 Out of US Banks in Three Months As Depositors Exit in Historic Numbers

New numbers from the Federal Deposit Insurance Corporation (FDIC) show Americans are pulling their money at a pace not seen in yearly four decades. According to the FDIC’s newly-released quarterly report, depositors took a total of $472 billion out of their accounts in the first quarter of this…#fdic #qbp #signaturebank #siliconvalleybank #firstrepublic #federalreserves #crane #twitter #dailyhodl #usbanks

Source: Reuters: Health - June 3, 2023 Category: Consumer Health News Source Type: news