By Sandra Block and Anne Kates Smith
From Kiplinger’s Personal Finance
Since the Federal Deposit Insurance Corporation (FDIC) was created in 1933, no bank customer has lost a penny in insured deposits, even during the darkest days of the 2008-09 financial crisis.
But that didn’t prevent some savers from breaking into a cold sweat in March when Silicon Valley Bank failed and regulators assumed control. It was the largest bank failure since the financial crisis, and it was followed by a cascade of unnerving banking news, including the collapse of Signature Bank. But unless you have a large amount of money in the bank, that is probably something you can cross off your worry list….