Ep: 24 - Can You Bank on Banks? The Current Banking "Crisis" Explained Artwork

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Your Money in 20

Ep: 24 - Can You Bank on Banks? The Current Banking "Crisis" Explained

May 09, 2023 • Woodward Financial Advisors

In this episode, Alex and Vic talk through the banking issues that have been developing over the past months at banks like Silicone Valley Bank, Signature Bank, and most recently First Republic Bank. They break down what's contributed to the bank failures of past months, and what actions you might want to take in light of the turmoil in this critical industry.

Here is a link to a related blog post written by Alex about FDIC insurance, which we referenced in the episode.

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