The 2023 collapse of Silicon Valley Bank (SVB) and Signature Bank marked two of the most significant banking failures in modern U.S. history. Among bank failures since 2001, SVB's collapse ranks second in terms of deposit losses, surpassed only by Washington Mutual Bank's 2008 failure, which saw *** billion U.S. dollars in lost deposits. Signature Bank's failure ranks as the fourth-largest during this period. The magnitude of these 2023 failures becomes even more striking when considering their combined asset losses nearly matched the total assets lost during the 2008 financial crisis, when ** banks collapsed.
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FDIC. (November 15, 2024). Largest bank failures in the United States as of 2024, by deposits (in billion U.S. dollars) [Graph]. In Statista. Retrieved July 15, 2025, from https://www.statista.com/statistics/1372703/largest-bank-failures-us-by-deposits/
FDIC. "Largest bank failures in the United States as of 2024, by deposits (in billion U.S. dollars)." Chart. November 15, 2024. Statista. Accessed July 15, 2025. https://www.statista.com/statistics/1372703/largest-bank-failures-us-by-deposits/
FDIC. (2024). Largest bank failures in the United States as of 2024, by deposits (in billion U.S. dollars). Statista. Statista Inc.. Accessed: July 15, 2025. https://www.statista.com/statistics/1372703/largest-bank-failures-us-by-deposits/
FDIC. "Largest Bank Failures in The United States as of 2024, by Deposits (in Billion U.S. Dollars)." Statista, Statista Inc., 15 Nov 2024, https://www.statista.com/statistics/1372703/largest-bank-failures-us-by-deposits/
FDIC, Largest bank failures in the United States as of 2024, by deposits (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1372703/largest-bank-failures-us-by-deposits/ (last visited July 15, 2025)
Largest bank failures in the United States as of 2024, by deposits (in billion U.S. dollars) [Graph], FDIC, November 15, 2024. [Online]. Available: https://www.statista.com/statistics/1372703/largest-bank-failures-us-by-deposits/
