The beleaguered thrift insurance fund grew 50%, to $3.9 billion, in the 12 months ended June 30, the Federal Deposit Insurance Corp. has announced.

Bankers said this week's data prove the Savings Association Insurance Fund is healthy and on track to reach its legally required reserve target of 1.25% of insured deposits.

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.