Banking Today (facts)

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Banking Today (facts)

"There are just 6,891 commercial banks and savings institutions insured by FDIC today, down 48% from the 13,220 total of 20 years ago. The largest 10% of US banks (i.e., those with assets of at least $1 billion) hold 91% of all bank assets in the country, a signal that "too big to fail" is still a concern for regulators." (source: FDIC).

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