Bank Failures

Bank. City. St
Signature Bank New York NY 57053 Signature Bridge Bank, N.A. March 12, 2023 10540

Silicon Valley Bank Santa Clara CA 24735 Silicon Valley Bridge Bank, N.A. March 10, 2023 10539

Almena State Bank Almena KS 15426 Equity Bank October 23, 2020 10538

First City Bank of Florida Fort Walton Beach FL 16748 United Fidelity Bank, fsb October 16, 2020 10537

The First State Bank Barboursville WV 14361 MVB Bank, Inc. April 3, 2020 10536

Ericson State Bank Ericson NE 18265 Farmers and Merchants Bank February 14, 2020 10535

City National Bank of New Jersey Newark NJ 21111 Industrial Bank November 1, 2019 10534

Resolute Bank Maumee OH 58317 Buckeye State Bank October 25, 2019 10533

Louisa Community Bank Louisa KY 58112 Kentucky Farmers Bank Corporation October 25, 2019 10532

The Enloe State Bank Cooper TX 10716 Legend Bank, N. A. May 31, 2019 10531

Washington Federal Bank for Savings Chicago IL 30570 Royal Savings Bank December 15, 2017 10530

The Farmers and Merchants State Bank of Argonia Argonia KS 17719 Conway Bank October 13, 2017 10529

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Onestarlitnight

Hundreds of banks failed in 09 and the years of the financial crisis.
That was caused by bad mortgages and risky derivatives.
This crisis has been caused by the Federal Reserve and its interest rate policies.
They pumped trillions into the economy over the last decade at near zero interest rates and then decided to raise rates at the fastest pace in history.

They turned the economy into a cheap money junkie then suddenly cut the supply.
No the withdrawal symptoms are starting and it will get worse before it gets better

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NoGamesTolerated · F

@Onestarlitnight You may be at ease over this but I assure you there are 10’s of thousands the world over that are concerned and very concerned.

BTW, that was not my opinion. It was obtained online. So…f you read it , it answers the question and it’s not what you are saying.

NoGamesTolerated · F

@Onestarlitnight Silicon Valley Bank held $209 billion in assets as of December 2022, making it roughly 2,000 times the size of the most recent banks to fail. Signature Bank held $110 billion in assets at the end of last year. By comparison, Washington Mutual held $307 billion in assets when it failed in 2008.

Until the SVB collapse, it had been over a decade since the failure of a bank with more than $7 billion in assets. Even in 2010, when 157 banks failed, the combined assets held by those banks totaled less than half of the assets held by Silicon Valley Bank alone. So while bank failures are a common occurrence, it’s exceedingly rare to see a bank the size of SVB or Signature Bank collapse.

BigGuy2 · 26-30, M

@Onestarlitnight ... but, is it the USUAL reasons for banks to collapse, next, the 'Puppet Masters' will be saying "to stop this happening, we need to inplement Digital Currency" - so saying it out loud, it's 'THEM' that are causing the Banks to fail

TheOneyouwerewarnedabout · 41-45, MVIP

Controlled..
incoming digital dollars and carbon credit scores…

TexChik · F

Blue State Banks

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