Small Businesses Stress Test Their Banks After Silicon Valley Bank’s Collapse

Some entrepreneurs ask tough questions or shift deposits

Small businesses, such as the owner of Butcher & the Boar restaurant in Minneapolis, are examining their banking practices. Caroline Yang for The Wall Street Journal

The collapse of Silicon Valley Bank and Signature Bank has created a new worry for many small businesses: what to do with their cash.

Some owners of small and midsize businesses are moving funds to other institutions, splitting them between multiple banks, moving cash into money-market funds or buying Treasurys. Others are more closely reviewing the finances of their banks, while some entrepreneurs are even thinking about the potential risks for key partners and customers.  

What's News

Continue reading your article with
a WSJ subscription

Subscribe Now

Already a subscriber? Sign In

Sponsored Offers