
Should I Be Worried About My Local Bank?
On Friday, March 10th, it was announced that Silicon Valley bank, the nation's 16th largest bank, had failed. The news increased anxiety on both Wall Street and Main Street. Today we discuss what caused the failure. We offer our opinion about whether or not you should be worried about your local bank. Lastly, we talk about Charles Schwab and how this could impact the custodian of your accounts.