282 banks at risk

Sharing is Caring!

According to a study by the Klaros Group, approximately 282 U.S. banks are currently facing stress due to two main factors:

See also  Central banks dump U.S. Treasuries, buy gold: 1,200 tonnes purchased recently. China leads gold buying spree

It’s important to note that most of these banks are not insolvent but are experiencing stress. While there may be fewer outright bank failures, communities and customers could still be affected by reduced investments in areas like new branches, technology, and staff. For individual depositors, the insured limit remains high at $250,000 per depositor, per FDIC-insured bank.

See also  America’s $5.1 Trillion Debt Bomb: Consumers Drown in Credit While Banks Brace for Impact


1,878 views