It’s indeed very complicated in any case. My understanding is a vast majority of the funds to cover the depositors is/will be coming from (1) the eventual sale of SVBs assets, which is worth an unknown amount given the FDIC must sell all assets within a few years (3-5?), and (2) the $250k insured amount from FDIC’s DIF. Short term the FDIC is providing an advance dividend to cover as much of the depositors as they can.

Where the remaining amount is coming from, however much that ends up being (an unknown), is an unknown as far as I understand. It could come from a “special assessment” (a way for the FDIC to collect additional money from banks)… of which some could possibly be passed down to consumers eventually I think, indirectly, or just worse terms. If so it might be a relatively small amount of the total assets, but I have no idea - depends on the sale of SVB’s assets.

> A lot of the reputable coverage I'm seeing is saying that they don't want us to think its a bailout, but it's indeed a bailout.

Sounds like the coverage you are reading is either misleading you or is misled themselves.