Money

Silicon Valley Bank failed. FDIC covers some of the money, but only up to $250,000.

Elisabeth Buchwald, USA TODAY Comments Off on Silicon Valley Bank failed. FDIC covers some of the money, but only up to $250,000.

Banks don't fail frequently. Silicon Valley Bank was the first since 2020. Since the bank is FDIC-insured many customers will gain access to deposits

     
Elisabeth Buchwald, USA TODAY
https://api-internal.usatoday.com.akadns.net

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