After finding out about the $250,000 cap, Antetokounmpo opened accounts at "five, six, seven" banks. : The sudden collapse of Silicon Valley Bank this spring shone a spotlight on federal deposit insurance, which only extends to $250,000 of a customer's money at a single bank. When Giannis Antetokounmpo first learned of the limit, he opened half a dozen bank accounts to protect his fortune. The basketball star arrived in the US a decade ago at age 18, and went to the bank to open an account, he told Bloomberg earlier this year.