Should You Be Worried About Your Small Bank?

[ad_1]

Turmoil in the financial system set off by the failure of Silicon Valley Bank has many people feeling a bit uneasy over where they’ve got their money parked. They’re wondering whether their banks could go the way of SVB or New York-based Signature Bank, which regulators also just shuttered. That has caused some consumers to take their deposits over to the big banks – the JPMorgans of the world that are considered too big to fail and more tightly regulated.

[ad_2]

Emily Stewart, Vox

Source link