Two big banks failed — the second-largest and third-largest in history. Retirement savers are worried. They are wondering, will their retirement savings be next?

Silicon Valley Bank (SVB) earned a place on the 2023 Forbes Best Banks list.

Now SVB is gone – consumed by the biggest U.S. bank failure since the financial crisis and the second-largest in American history.

And in case you missed it, Signature Bank of New York was shuttered just two days after the collapse of Silicon Valley, making it the third largest bank failure in history.

Despite extraordinary steps taken by the government to protect depositors, broader concerns about bank stability now have consumers wondering if their bank could be next.

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