How to Get Back Your $29.94 From Your Savings Account

Twitter started saying you better get your money out. But the FDIC, after that was created, they began ensuring your deposits in US banks. The SVB had about $209 billion in assets and $174.4 billion in deposits at the start of the year. So basically what happened to them was higher interest rates, market instability, and lack of new capital flowing in put the bank in a bad spot.