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Description: banks #youtube #yahoofinance Yahoo Finance fiscal policy reporter Jennifer Schonberger breaks down the FDIC's proposal to ...
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Yahoo Finance

Data

Text duration start ents sentiment
fees to banks with assets of 5 billion 5.579 Jump to 28.32 CARDINAL 5 billion
total assets of over 50 billion dollars 6.421 Jump to 38.579 MONEY over 50 billion dollars
would pay more than 95 of the so-called 6.42 Jump to 41.28 CARDINAL more than 95
of 113 Banks would be subject to this 6.84 Jump to 52.92 CARDINAL 113
assets under 5 billion would be subject 5.039 Jump to 59.76 CARDINAL 5 billion
overwhelming majority of banks some 96 6.061 Jump to 64.799 CARDINAL some 96
of banks or 4 500 banks will not pay for 6.119 Jump to 67.68 CARDINAL 4 500
uninsured deposits as of December 31st 6.96 Jump to 103.14 DATE December 31st
2022 subtract 5 billion from that and 6.519 Jump to 106.64 ORG 2022 CARDINAL 5 billion
multiplied by 12 and a half basis points 6.36 Jump to 110.1 DATE 12 and a CARDINAL half
eight quarters to try to mitigate the 6.06 Jump to 116.46 CARDINAL eight quarters
16 billion dollars though that could 5.52 Jump to 124.799 MONEY 16 billion dollars
would start the clock for a 60 day 5.76 Jump to 140.76 DATE 60 day
into effect in the first quarter of next 5.22 Jump to 148.56 DATE the first quarter of next
year with banks liable for their first 4.86 Jump to 151.56 ORDINAL first
payment by the end of the second quarter 4.62 Jump to 153.78 DATE the end of the second quarter