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News / Business / Clark County Business

Clark County Banks to depositors: Rest assured, you’re insured

Local financial institutions seek to ease customer worries amid recent bank failures

By Sarah Wolf, Columbian staff writer
Published: March 25, 2023, 6:04am
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3 Photos
Jason Franulovich, from left, and Jackie Gannon of Riverview Bank help customer Lonnie Chandler, owner of Java House, as he makes a deposit Tuesday morning. Riverview employees spoke with customers about how their accounts were set up and insured in the days after the recent bank collapses.
Jason Franulovich, from left, and Jackie Gannon of Riverview Bank help customer Lonnie Chandler, owner of Java House, as he makes a deposit Tuesday morning. Riverview employees spoke with customers about how their accounts were set up and insured in the days after the recent bank collapses. (Photos by Amanda Cowan/The Columbian) Photo Gallery

In banking, consumer confidence is key. When depositors panic, they start pulling money out of their accounts, which is exactly what happened before Silicon Valley Bank’s recent failure.

Since the recent bank collapses, Clark County’s financial institutions have worked to get their messages out to consumers — everything is OK.

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