Bank Deposits Over the FDIC Limit Are Risky. How to Protect Yourself.

Government regulators took the extraordinary step over the weekend of making whole uninsured depositors at two failed banks, but savers shouldn’t count on similar treatment if other banks fail in the future, experts say.

Closed by regulators on Friday, Silicon Valley Bank represents the largest U.S. bank to fail since Washington Mutual in 2008. It was followed by Signature Bank over the weekend.