National Bankers Association weighs in on Silicon Valley Bank and Signature Bank

In light of recent industry events, the National Bankers Association wants to assure consumers that your money is safe with minority banks. Minority depository institutions are very different from both SVB (Silicon Valley Bank) and Signature Bank, which had high concentrations in crypto deposits and volatile venture capital. Minority banks are not exposed to riskier […]

National Bankers Association weighs in on Silicon Valley Bank and Signature Bank
In light of recent industry events, the National Bankers Association wants to assure consumers that your money is safe with minority banks. Minority depository institutions are very different from both SVB (Silicon Valley Bank) and Signature Bank, which had high concentrations in crypto deposits and volatile venture capital. Minority banks are not exposed to riskier […]