WASHINGTON - A key constituency has yet to join the deposit insurance reform fray - big banks.

While community banks have long clamored for increasing the per-account coverage level, and agitated against fast-growing institutions that add billions of dollars to insured deposits without paying any premiums, larger banks have been largely silent on the key issues. Given that many in the industry are still trying to digest the recommendations issued April 5 by the Federal Deposit Insurance Corp., reform's fate may hinge on the big banks' support.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.