March, 2023 saw the collapse of two sizable banks in the US, including the second largest bank failure in the nation’s history. In this webinar, our experts dissect what went wrong with Silicon Valley Bank (SVB) and Signature Bank while demonstrating how smaller financial institutions can avoid similar obstacles in high-complexity markets and unlock new deposits for healthy growth. RiskScout also unveils a new tool to help financial institutions process applicants from the failed banks to promote informed decision making about customers in need.
Watch this recording to learn:
What caused the bank closures and what happens next
What risk management strategies make sense for your FI’s goals
Contingency planning based on strategic objectives
How to properly vet applicants from failed banks when they come to your FI