Economics (ECON): Economics in the News: Bank Failures

Investors large and small are worried about the recent failure of two financial institutions: Silicon Valley Bank (SVB) and Signature Bank. Here are some articles and other resources to give you background information about what's really happening in the financial sector during this volatile period.

• Are My Deposit Accounts Insured by the FDIC? -- Consumer education materials from the Federal Deposit Insurance Corporation (FDIC) that explain how bank accounts are insured. 
• Bank Failures -- These pages from the FDIC website provide answers to frequently asked questions about bank failures; a list of banks that have collapsed since 2000; a year-by-year graph indicating how much money was involved in failed banks since 2000; and more.
• FDIC Named Receiver for Silicon Valley Bank -- Press release from the FDIC.
• Regulators Move to Protect Funds, New Bank Failure -- Article from the New York Times.
• Were SVB and Signature Bank Just Bailed Out by the U.S. Government? Some Questions and Answers to Explain What Is Happening After Two Large Lenders Closed -- Article from the Wall Street Journal.