Seems accurate , so far. We'll see how it goes tomorrow and this week. 🍿
Discussion
Based on what?
https://www.fdic.gov/news/press-releases/2023/pr23017.html
Favorable rates, federally sponsored, it seems. Not an expert here, will be curious to read more details.

There is a systemic, generalized cost, though - that everyone pays to fund the insurance and reduced premium on federal loans, etc.