Newsletter Subject

Your Money Crasher Minute — The actually kinda predictable collapse of SVB

From

moneycrashers.com

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newsletter@moneycrashers.com

Sent On

Thu, Mar 16, 2023 03:33 PM

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What went wrong at Silicon Valley Bank, and are you more likely to get struck by lightning or find a

What went wrong at Silicon Valley Bank, and are you more likely to get struck by lightning or find a bank error? [Money Crashers logo link](?mailpoet_router&endpoint=track&action=click&data=WyI1MTM3NSIsIjE3a2ZiOGJjdnN3MDB3dzBnNHd3b3dzY3Mwc3djd2c0IiwiOCIsImM0MzRhYzkwN2YwNCIsZmFsc2Vd) [Illustrated man walking in a Money Crasher's cityscape.](?mailpoet_router&endpoint=track&action=click&data=WyI1MTM3NSIsIjE3a2ZiOGJjdnN3MDB3dzBnNHd3b3dzY3Mwc3djd2c0IiwiOCIsImM0MzRhYzkwN2YwNCIsZmFsc2Vd) In this week's newsletter: - What went wrong at Silicon Valley Bank? - Are you more likely to get struck by lightning or find a bank error? - Wait — how do banks make money, anyway? Sponsored by: Tip of the Week [Credit Strong Logo] Improve Your Credit the Old-Fashioned Way (Sort Of) — Credit builder loans can increase your credit score by simulating a traditional loan. You just pay the monthly bill on time and in full, and credit reporting agencies see a loan in good standing. [Learn More](?mailpoet_router&endpoint=track&action=click&data=WyI1MTM3NSIsIjE3a2ZiOGJjdnN3MDB3dzBnNHd3b3dzY3Mwc3djd2c0IiwiOCIsIjc5NDhjYTJmMTBlZCIsZmFsc2Vd) [Silicon Valley Bank (SVB) Collapse — Second Largest All-Time Failure](?mailpoet_router&endpoint=track&action=click&data=WyI1MTM3NSIsIjE3a2ZiOGJjdnN3MDB3dzBnNHd3b3dzY3Mwc3djd2c0IiwiOCIsIjhjMDU1YTAwZjJjMSIsZmFsc2Vd) [Silicon Valley Bank Panic](?mailpoet_router&endpoint=track&action=click&data=WyI1MTM3NSIsIjE3a2ZiOGJjdnN3MDB3dzBnNHd3b3dzY3Mwc3djd2c0IiwiOCIsIjhjMDU1YTAwZjJjMSIsZmFsc2Vd) What happened to Silicon Valley Bank? The short answer is, it failed after a classic bank run during which depositors rushed to withdraw cash while they still could. The long answer is quite the read. [Read It Now](?mailpoet_router&endpoint=track&action=click&data=WyI1MTM3NSIsIjE3a2ZiOGJjdnN3MDB3dzBnNHd3b3dzY3Mwc3djd2c0IiwiOCIsIjhjMDU1YTAwZjJjMSIsZmFsc2Vd) [APR (Annual Percentage Rate) — What It Is & How to Calculate It](?mailpoet_router&endpoint=track&action=click&data=WyI1MTM3NSIsIjE3a2ZiOGJjdnN3MDB3dzBnNHd3b3dzY3Mwc3djd2c0IiwiOCIsIjJhNzdhMDI3YWUwMiIsZmFsc2Vd) [Couple Buying Car](?mailpoet_router&endpoint=track&action=click&data=WyI1MTM3NSIsIjE3a2ZiOGJjdnN3MDB3dzBnNHd3b3dzY3Mwc3djd2c0IiwiOCIsIjJhNzdhMDI3YWUwMiIsZmFsc2Vd) Have you ever wondered what an APR really is? Learn how to calculate it and — most important — how to use it to compare the cost of credit. [Read It Now](?mailpoet_router&endpoint=track&action=click&data=WyI1MTM3NSIsIjE3a2ZiOGJjdnN3MDB3dzBnNHd3b3dzY3Mwc3djd2c0IiwiOCIsIjJhNzdhMDI3YWUwMiIsZmFsc2Vd) [7 Bank Error Types — Examples to Identify, Avoid & Correct](?mailpoet_router&endpoint=track&action=click&data=WyI1MTM3NSIsIjE3a2ZiOGJjdnN3MDB3dzBnNHd3b3dzY3Mwc3djd2c0IiwiOCIsIjQwMWFhODQyN2E0NyIsZmFsc2Vd) [Bank Teller Helping Customer](?mailpoet_router&endpoint=track&action=click&data=WyI1MTM3NSIsIjE3a2ZiOGJjdnN3MDB3dzBnNHd3b3dzY3Mwc3djd2c0IiwiOCIsIjQwMWFhODQyN2E0NyIsZmFsc2Vd) Have you ever checked your bank statement and noticed something doesn't look right? Rare though they are, bank errors can happen for a variety of reasons. But if you know what to look for, they’re not tough to spot. [Read It Now](?mailpoet_router&endpoint=track&action=click&data=WyI1MTM3NSIsIjE3a2ZiOGJjdnN3MDB3dzBnNHd3b3dzY3Mwc3djd2c0IiwiOCIsIjQwMWFhODQyN2E0NyIsZmFsc2Vd) [How Do Banks Make Money? Income & Profit Creation Explained](?mailpoet_router&endpoint=track&action=click&data=WyI1MTM3NSIsIjE3a2ZiOGJjdnN3MDB3dzBnNHd3b3dzY3Mwc3djd2c0IiwiOCIsIjU2N2MzYjA2OGQxNSIsZmFsc2Vd) [Woman Using Atm](?mailpoet_router&endpoint=track&action=click&data=WyI1MTM3NSIsIjE3a2ZiOGJjdnN3MDB3dzBnNHd3b3dzY3Mwc3djd2c0IiwiOCIsIjU2N2MzYjA2OGQxNSIsZmFsc2Vd) If you’ve ever taken out a loan, used a credit card, or paid bank account fees, you’ve helped keep a bank in business. But those aren't the only ways banks make money. [Read It Now](?mailpoet_router&endpoint=track&action=click&data=WyI1MTM3NSIsIjE3a2ZiOGJjdnN3MDB3dzBnNHd3b3dzY3Mwc3djd2c0IiwiOCIsIjU2N2MzYjA2OGQxNSIsZmFsc2Vd) [Capital One Business Deals Review — Discounts from Top Brands](?mailpoet_router&endpoint=track&action=click&data=WyI1MTM3NSIsIjE3a2ZiOGJjdnN3MDB3dzBnNHd3b3dzY3Mwc3djd2c0IiwiOCIsIjAzNDkyOWM0YzgwMCIsZmFsc2Vd) [Capital One Logo](?mailpoet_router&endpoint=track&action=click&data=WyI1MTM3NSIsIjE3a2ZiOGJjdnN3MDB3dzBnNHd3b3dzY3Mwc3djd2c0IiwiOCIsIjAzNDkyOWM0YzgwMCIsZmFsc2Vd) Capital One Business Deals is an online platform that offers exclusive discounts and deals on essential small-business purchases. You’ll find dozens if not hundreds of deals in popular expense categories like office supplies, communications, sales and marketing, HR and benefits, and business travel. [Read It Now](?mailpoet_router&endpoint=track&action=click&data=WyI1MTM3NSIsIjE3a2ZiOGJjdnN3MDB3dzBnNHd3b3dzY3Mwc3djd2c0IiwiOCIsIjAzNDkyOWM0YzgwMCIsZmFsc2Vd) [How Much Money Should You Keep in Your Checking Account?](?mailpoet_router&endpoint=track&action=click&data=WyI1MTM3NSIsIjE3a2ZiOGJjdnN3MDB3dzBnNHd3b3dzY3Mwc3djd2c0IiwiOCIsIjkwY2FjZjVkYzcwNyIsZmFsc2Vd) [Person Checking Checking Balance](?mailpoet_router&endpoint=track&action=click&data=WyI1MTM3NSIsIjE3a2ZiOGJjdnN3MDB3dzBnNHd3b3dzY3Mwc3djd2c0IiwiOCIsIjkwY2FjZjVkYzcwNyIsZmFsc2Vd) How much do you keep in your bank account? Is it enough? Too much? We've got the answer to these questions plus tips for determining the sweet spot for your savings account. [Read It Now](?mailpoet_router&endpoint=track&action=click&data=WyI1MTM3NSIsIjE3a2ZiOGJjdnN3MDB3dzBnNHd3b3dzY3Mwc3djd2c0IiwiOCIsIjkwY2FjZjVkYzcwNyIsZmFsc2Vd) [How to Build Credit With CreditStrong Credit Builder Loans](?mailpoet_router&endpoint=track&action=click&data=WyI1MTM3NSIsIjE3a2ZiOGJjdnN3MDB3dzBnNHd3b3dzY3Mwc3djd2c0IiwiOCIsIjI2MmI5MGQ3NDhlMCIsZmFsc2Vd) [Smiling Man Holding Laptop Credit Card](?mailpoet_router&endpoint=track&action=click&data=WyI1MTM3NSIsIjE3a2ZiOGJjdnN3MDB3dzBnNHd3b3dzY3Mwc3djd2c0IiwiOCIsIjI2MmI5MGQ3NDhlMCIsZmFsc2Vd) A CreditStrong credit builder loan can help you improve your credit score with lower requirements than a traditional loan. Find out how it can help you improve your financial future. [Read It Now](?mailpoet_router&endpoint=track&action=click&data=WyI1MTM3NSIsIjE3a2ZiOGJjdnN3MDB3dzBnNHd3b3dzY3Mwc3djd2c0IiwiOCIsIjI2MmI5MGQ3NDhlMCIsZmFsc2Vd) [custom](?mailpoet_router&endpoint=track&action=click&data=WyI1MTM3NSIsIjE3a2ZiOGJjdnN3MDB3dzBnNHd3b3dzY3Mwc3djd2c0IiwiOCIsImI3YmQ5YjlmZDBmMyIsZmFsc2Vd) [custom](?mailpoet_router&endpoint=track&action=click&data=WyI1MTM3NSIsIjE3a2ZiOGJjdnN3MDB3dzBnNHd3b3dzY3Mwc3djd2c0IiwiOCIsIjZkYTIwYzM5NjRhMiIsZmFsc2Vd) [custom](?mailpoet_router&endpoint=track&action=click&data=WyI1MTM3NSIsIjE3a2ZiOGJjdnN3MDB3dzBnNHd3b3dzY3Mwc3djd2c0IiwiOCIsIjljMTc2ZTNhZmI1ZiIsZmFsc2Vd) [custom](?mailpoet_router&endpoint=track&action=click&data=WyI1MTM3NSIsIjE3a2ZiOGJjdnN3MDB3dzBnNHd3b3dzY3Mwc3djd2c0IiwiOCIsImI3YTc3MjUwNzQzNyIsZmFsc2Vd) [Unsubscribe](?mailpoet_router&endpoint=track&action=click&data=WyI1MTM3NSIsIjE3a2ZiOGJjdnN3MDB3dzBnNHd3b3dzY3Mwc3djd2c0IiwiOCIsIjI0ZmM2YWE3NTlmMSIsZmFsc2Vd) | [Manage your subscription](?mailpoet_router&endpoint=track&action=click&data=WyI1MTM3NSIsIjE3a2ZiOGJjdnN3MDB3dzBnNHd3b3dzY3Mwc3djd2c0IiwiOCIsIjVhOWE5NWEyM2UwMCIsZmFsc2Vd) Money Crashers LLC, 1887 Whitney Mesa Drive #3030, Henderson, NV 89014, United States Email not displaying correctly? [View it in your browser.](?mailpoet_router&endpoint=track&action=click&data=WyI1MTM3NSIsIjE3a2ZiOGJjdnN3MDB3dzBnNHd3b3dzY3Mwc3djd2c0IiwiOCIsImI5ODhlYWY5NmI2MCIsZmFsc2Vd)

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