Date uploaded: 2023-03-16 16:09:25

More people are wondering just how safe their money is in a bank after the collapse of Silicon Valley Bank and Signature Bank. Online searches asking that question have jumped as Americans worry their bank could be the next to fail. But if you keep money in banks covered by the Federal Deposit Insurance Corporation, you don't have to worry, experts say. Especially since very few depositors surpass the $250,000 limit on the insurance. Find out how is the current situation different from the 2008 bank collapses in the link in bio.