At midyear 1995, the fund’s balance was $24.7billion, which represented 1.29 percent of insured deposits.

That would equate to shy of 2.5 trillion in savings accounts

CURRENT BALANCE is $52 Billion...."The staff’s projections for the reserve ratio under the current rate schedule continue to assume few bank failures and low insurance losses."

I note they do not give the ratio....what is it? 1.29 as above? 5 trillion in savings?

The history is fine....the numbers seem bogus...my point is whatever the trillions in savings, there's cheating at just above the FED funds rate, while the banks push it all out at over 6.5%.

IMO...the spread is too great or the banks should be charging not 6.5 but in the 4% range.

doni