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The Daily Hodl 2023-06-03 03:08:10

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 year – shattering a 39 year record. The post Americans Pull $472,000,000,000 Out of US Banks in Three Months As Depositors Exit in Historic Numbers appeared first on The Daily Hodl .

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