© 2023 Boise State Public Radio
NPR in Idaho
Play Live Radio
Next Up:
Available On Air Stations

What does the Silicon Valley Bank collapse mean for Idaho?

Money | Free Creative Commons Image
Pictures of Money

Last Thursday, depositors were lining up outside Silicon Valley Bank in California after pulling out $42 billion before the bank closed down and was taken over by federal regulators.

Then on Sunday, New York's signature bank went under the control of the Federal Deposit Insurance Corporation. So what does that mean for Idahoans and Idaho banks and credit unions?

Jason Norris, the Principal of Research and Portfolio Management at Ferguson Wellman, joined Idaho Matters to help answer those questions.

Stay Connected
As Senior Producer of our live daily talk show Idaho Matters, I’m able to indulge my love of storytelling and share all kinds of information (I was probably a Town Crier in a past life!). My career has allowed me to learn something new everyday and to share that knowledge with all my friends on the radio.