Despite expensive bank failures, FDIC still has money to spend


Last week's seizure of BankUnited by regulators cost the FDIC's deposit insurance fund some $4.9 billion, making it the second most costly bank failure since the financial crisis began. How much longer can the agency absorb such losses?

Probably for quite some time. There was about $19 billion in the deposit insurance fund at the beginning of 2009 and subsequent bank failures have burned through about $10 billion of that. But there are at plenty of reasons to think the FDIC won't run out of money anytime soon.