US banks have seen a record $2 trillion surge of deposits since the coronavirus crisis began

Business Insider

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· *US bank deposits have grown by a record $2 trillion since January, when the coronavirus pandemic first hit the country, according to FDIC data. *
· *In April alone, bank deposits grew by $865 million, more than the previous record for an entire year of inflows. *
· *Bank deposits have been boosted by unprecedented...

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