Trevor Mullin

Trevor Mullin

Foley & Lardner LLP

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Borrowers at Failed FDIC-Insured Institutions: FAQs

On March 10, 2023, the California Department of Financial Protection and Innovation (DFPI) closed Silicon Valley Bank (SVB). Upon closure, the DFPI appointed the Federal Deposit Insurance Corporation (FDIC) as receiver. The...more

3/15/2023  /  Banking Sector , Borrowers , Bridge Banks , Department of Financial Protection and Innovation (DFPI) , FDIC , Federal Reserve , U.S. Treasury

Depositors at Failed FDIC-Insured Institutions: Frequently Asked Questions

On March 10, 2023, the California Department of Financial Protection and Innovation (DFPI) closed Silicon Valley Bank (SVB). Upon closure, the DFPI appointed the Federal Deposit Insurance Corporation (FDIC) as receiver. The...more

3/14/2023  /  Banking Sector , California , Department of Financial Protection and Innovation (DFPI) , FDIC , Federal Deposit Insurance Act
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