Banking Collapse - Silicon Valley Bank Fails - FDIC Takes Over Receivership - Get Your Money Out!
Silicon Valley Bank has collapsed and the FDIC has taken receivership to try and sell the Banks's assets to pay depositors their money back. No access to your money right now. Insured deposits should be available on Monday, March 13th, but uninsured deposits (the majority of the bank's deposits) will receive and IOU from the FDIC. Check on your bank now! This could be a contagion, time will tell. Keep Your Ear to the Ground, and Head on a Swivel!
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#banking #breakingnews #fdic
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