The Federal Deposit Insurance Corporation (FDIC) says large customers at a recently shut down bank could collectively lose millions of dollars in uninsured deposits. The banking regulator says at least $7.1 million at First National Bank of Lindsay in Oklahoma was uninsured, held in accounts that exceed the agency’s $250,000 insurance coverage limit. For now, The post FDIC Warns Customers Holding $7,100,000 in Uninsured Deposits After Sudden Bank Failure appeared first on The Daily Hodl .
