Sheila Bair, the former chair of the FDIC, explained the lessons that will be learned from the collapses of the Silicon Valley Bank and Signature Bank. Bair said she doesn't see a systemic issue, explaining that the FDIC has a perfect record of protecting insured depositors. #SVB #SignatureBank #FDIC | NewsNation

The FDIC was created by congress to insure your deposits. Ally Bank is FDIC insured, so that means your money is insured up to $250,000 per depositor for each qualifying account ownership category 💪 Learn more about Ally! | Ally