Bank failures in the U.S. 2001-2024
On March 10, 2023, Silicon Valley Bank (SVB) collapsed, marking the first bank failure in the United States since 2021. As the 16th largest bank in the country at the time, SVB's failure resulted in the loss of approximately 209 billion U.S. dollars in assets - the second-highest asset loss since the 2008 global financial crisis. Two days later, New York-based Signature Bank also failed, with asset losses of roughly 110.4 billion U.S. dollars, making it the third-largest bank failure in U.S. banking history. Between 2001 and 2024, the United States experienced a total of 568 bank failures.
