Silicon Valley Bank Deposits Will Be Available to Customers Starting Tomorrow

U.S. officials announced today, Sunday, that customers of Silicon Valley Bank will be able to access their deposits starting tomorrow, Monday. The U.S. Department of the Treasury, the Federal Reserve, and the Federal Deposit Insurance Corporation stated in a press release, "Depositors will have access to all their funds starting Monday, March 13." The statement added, "Taxpayers will not incur any losses related to the decision regarding Silicon Valley Bank."