Anonymous ID: 4710f4 March 12, 2023, 3:13 p.m. No.18494500   ๐Ÿ—„๏ธ.is ๐Ÿ”—kun

>>18494454

The bank's minimum on-hand deposit requirements are to cover the FDICs $250K/account insurance policy. It's not coming out of a special FDIC account.

 

It's not that the bank has nothing, it's just that they don't have enough to cover everything which is why they are being sold to a buyer who thinks investing in wokenomics will be profitable down the road.

 

People lost their jobs and went bankrupt when corporations decided to fuck them over during COVID.

 

Now it's time for the corporations to pay their share of the bill.

Anonymous ID: 4710f4 March 12, 2023, 3:35 p.m. No.18494620   ๐Ÿ—„๏ธ.is ๐Ÿ”—kun

>>18494584

Signature Bank was the first FDIC-insured bank to launch a blockchain-based digital payments platform. Signetโ„ข allows commercial clients to make real-time payments in U.S. dollars, 24/7/365 and was also the first blockchain-based solution to be approved for use by the NYS Department of Financial Services.

 

Since commencing operations in May 2001, Signature Bank reported $110.36 billion in assets and $88.59 billion in deposits as of December 31, 2022. Signature Bank placed 19th on S&P Globalโ€™s list of the largest banks in the U.S., based on deposits as of year-end 2021.

 

https://investor.signatureny.com/pme/press-releases/news-details/2023/Signature-Bank-Announces-Leadership-Transition-Plans/default.aspx