Not so minor detail…the FDIC charges a percentage of deposits to put in The Deposit Insurance Fund (DIF). The DIF is invested in Treasury Securities and, therefore, because the US runs a deficit it is spent on other things. It’s an accounting gimmick! Equally important, it is a transfer of wealth from well run banks to poorly run banks. If, after this fiasco caused by bad monetary policy, the deposit limit is raised and the premium is increased, every depositor in the US will pay for this at the same time taxpayers need to borrow more to spend on things that have nothing to do with deposit insurance.