Missouri Banks Are Safe
The head of the Missouri Bankers Association is reassuring residents that banks in Missouri are safe and stable. Jackson Hataway addresses that concern following the closures of Silicon Valley Bank in California and Signature Bank in New York…
Hataway explains that banks in Missouri and across the Midwest remain the healthiest and strongest they ever have been, while adding that the closed banks had investments in volatile sectors like cryptocurrencies. Missouri’s banks, he says, support a multitude of sectors, preventing a catastrophe like that from happening here.