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Poll results

Over the course of a couple of days, Silicon Valley Bank in California and Signature Bank in New York went under and were taken over by federal regulators, after concerns over their viability led depositors to withdraw their funds. Meanwhile global investment bank Credit Suisse needed a $54-billion bailout from Switzerland, and in the U.S., the California-based First Republic Bank needed $30 billion to stave off concerns over its viability. The stock prices of publicly traded regional banks have continued to suffer, as the federal government works to reassure people about the stability of the financial system.

In the wake of Silicon Valley Bank's failure, have you done anything to change your banking relationships or reaffirm the financial strength of the bank your business primarily works with?
Yes, we've moved or plan to move some funds. (12%, 17 VOTES)
Yes, we spoke with our banker about the bank's financial strength. (9%, 12 VOTES)
No, but we plan to have a conversation with our banker. (9%, 13 VOTES)
No, I'm confident in the financial strength of the bank we're working with. (60%, 84 VOTES)
No, we have limited exposure, and I'm not at all worried. (10%, 14 VOTES)
Poll Description

Over the course of a couple of days, Silicon Valley Bank in California and Signature Bank in New York went under and were taken over by federal regulators, after concerns over their viability led depositors to withdraw their funds. Meanwhile global investment bank Credit Suisse needed a $54-billion bailout from Switzerland, and in the U.S., the California-based First Republic Bank needed $30 billion to stave off concerns over its viability. The stock prices of publicly traded regional banks have continued to suffer, as the federal government works to reassure people about the stability of the financial system.

  • 140 Votes
  • 0 Comments
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