Uninsured Deposit
Deposits at a US bank above the FDIC insurance limit of $250,000 per depositor per ownership category. Uninsured deposits are the most run-prone funding a bank has because their holders have a rational reason to withdraw at the first sign of stress -- they bear the loss if the bank fails. The 2023 failures of Silicon Valley Bank and Signature Bank both featured deposit bases dominated by uninsured corporate accounts (roughly 90 percent uninsured at SVB), which is what enabled their extraordinarily fast deposit outflows once panic started.
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