Oklahoma Bank Fails, FDIC Insures Only Half of Depositors – But Last Year FDIC Insured All of Silicon Valley Bank’s Uninsured Depositors

[Collection]The First National Bank of Lindsay, by the way, only has one office location. It is small fries compared to the thousands of other U.S. banks that in the coming days are likely to suffer a similar outcome. Will there be enough money to reimburse everyone who loses as a result? The answer is of course not, which means things are about to get really ugly.The First National Bank of Lindsay, by the way, only has one office location. It is small fries compared to the thousands of other U.S. banks that in the coming days are likely to suffer a similar outcome. Will there be enough money to reimburse everyone who loses as a result? The answer is of course not, which means things are about to get really ugly.https://www.infowars.com/posts/oklahoma-bank-fails-fdic-insures-only-half-of-depositors-but-last-year-fdic-insured-all-of-silicon-valley-banks-uninsured-depositors/2024-10-23T05:48:00.000Z2024-10-23T05:48:00.000Z