The non-crypto-related deposit accounts of former Signature Bank (now Signature Bridge Bank), will be taken over by Flagstar Bank as per a purchase-and-assuming agreement, the Federal Deposit Insurance Corp. announced in a Sunday press release. Signature Bridge Bank depositors, other than those who are involved in the digital banking business, will be automatically made depositors at Flagstar and will remain insured by FDIC up until the insurance limit. Flagstar Bank didn’t bid $4 billion for deposits in the digital banking business of former Signature Bank.