The Bank of Bird-in-Hand in Pennsylvania is one of the country's more than 4,000 lenders. It has thrived by catering to the Amish community in the town of Bird-in-Hand. Its mobile branches, like the one pictured here, travel to remote parts of the state, carrying with them ATMs and a teller window. Bank of Bird-in-Hand hide caption
silicon valley bank
A security guard at Silicon Valley Bank monitors a line of people outside the office in Santa Clara, Calif., on March 13, 2023. The Fed admitted it was partly to blame for the collapse of the lender in a scathing report on Friday. Justin Sullivan/Getty Images hide caption
The Silicon Valley Bank logo is seen through a rain-covered window in front of the SVB headquarters in Santa Clara, Calif., on March 10, 2023. The Federal Reserve is set to issue a report on Friday looking into its own role supervising the lender ahead of its collapse. Justin Sullivan/Getty Images hide caption
Shares of First Republic Bank plunged again today, as investors react to financial disclosures from the bank. NurPhoto / Getty Images hide caption
A.J. King, the CEO of Three Rivers Bank in Kalispell, Mont., sitting at his office. King says his bank shouldn't have to pay for mismanagement at Silicon Valley Bank and Signature Bank. Courtesy of A.J. King hide caption
It cost $22 billion to rescue two failed banks. Now the question is who will pay
Liz Southers runs a commercial insulation company in South Florida. She says the company could grow faster if it had access to more credit. SouthCo Insulation hide caption
Banks are spooked and getting stingy about loans – and small businesses are suffering
VALLEJO, CALIFORNIA - APRIL 15: In this aerial view from a drone, rides sit idle at Six Flags Discovery Kingdom on April 15, 2020 in Vallejo, California. Amusement parks in California have been temporarily closed as the state's residents are under a shelter-in-place order in an effort to slow the spread of the COVID-19 virus. (Photo by Justin Sullivan/Getty Images) Justin Sullivan/Getty Images hide caption
Federal Reserve Vice Chair for Supervision Michael S. Barr appears before the Senate Banking, Housing and Urban Affairs Committee in Washington, D.C., on March 28, 2023. The collapse of Silicon Valley Bank has sparked scrutiny from lawmakers who want to know what went wrong and whether regulators did enough to oversee the lender. Win McNamee/Getty Images hide caption
5 things we learned from the Senate hearing on the Silicon Valley Bank collapse
A security guard looks out a door as customers line up at Silicon Valley Bank headquarters in Santa Clara, California on March 13, 2023. Noah Berger/AFP via Getty Images hide caption
The Silicon Valley Bank logo is seen at an open branch in Pasadena, Calif., on March 13, 2023. Damian Dovarganes/AP hide caption
Federal Reserve Chair Jerome Powell speaks during a news conference at the Federal Reserve in Washington, DC, on Feb. 1, 2023. The Fed on Wednesday raised interest rates again, opting to continue its fight against inflation despite turmoil in the banking sector. Saul Loeb/AFP via Getty Images hide caption
The Fed raises interest rates again despite the stress hitting the banking system
Treasury Secretary Janet Yellen said that depositors at small banks could be eligible for the same kind of protection extended to customers at two regional banks that failed this month. Yellen made the remarks at a speech she delivered to the American Bankers Association on March 21, 2023. Jim Watson/AFP via Getty Images hide caption
Janet Yellen says the U.S. is ready to protect depositors at small banks if required
The First Republic Bank sign is shown in Oakland, Calif., in front of one of the lender's offices on March 16, 2023. First Republic shares continued to fall on Monday amid concerns about its financial health. Justin Sullivan/Getty Images hide caption
Traders work on the floor at the New York Stock Exchange in New York on March 13. Craig Ruttle/AP hide caption
A customer exits a First Republic Bank branch in Manhattan Beach, Calif., on March 13, 2023. The midsized lender was rescued by a group of top banks after suffering an exodus of depositors following the collapse of two U.S. banks. Patrick T. Fallon/AFP via Getty Images hide caption
Traders work on the floor of the New York Stock Exchange in New York City on Tuesday. Stocks tumbled on Wednesday amid fears that worries about the banking system were widening to other parts of the world. Timothy A. Clary/AFP via Getty Images hide caption
Stocks drop as fears grow about the global banking system
WASHINGTON, DC - MARCH 07: Federal Reserve Chair Jerome Powell testifies before the Senate Banking Committee March 7, 2023 in Washington, DC. Powell spoke on the state of the U.S. economy and suggested that interest rates will need to stay higher for longer than expected in order to curb inflation. (Photo by Win McNamee/Getty Images) Win McNamee/Getty Images hide caption
The Fed's new dilemma: Protect banks or fight inflation?
The FDIC normally insures deposits up to $250,000. It made an exception when Silicon Valley Bank and Signature Bank collapsed, guaranteeing all deposits at both banks. Peter Morgan/AP hide caption
People line up outside of a Silicon Valley Bank office on Monday in Santa Clara, Calif. Days after Silicon Valley Bank collapsed, customers are lining up to try and retrieve their funds from the failed bank. Justin Sullivan/Getty Images hide caption