FVCBankcorp discloses 39.78% uninsured deposits, says covered by capital and liquid assets

FVCBankcorp, Inc.

As of March 29, 2023, FVCbank reported 39.78% of deposits uninsured, but covered by capital and liquid assets.
Excluding collateralized public funds, uninsured depositors were 30.82% as of Feb 28, 2023.
Disclosure made via social media and website to address deposit stability concerns.
No other material changes reported in the filing.

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