thejaylenbledsoe
Jaylen Bledsoe
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Good News! Update on the close of Silicon Valley Bank and its’ customers deposits.
TLDR:
- All SVB Depositors/Customers will have access to all of their deposits tomorrow, Monday.
- Another Bank was closed in NY, by NY State Regulators, Signature Bank. All of their customers will also have access to their deposits tomorrow.
- Taxpayers are not funding either of these solutions.
- To bring confidence to US Economy and Customers in US Banking Systems, the Fed is creating a $25B fund for a Bank Term Funding Program to offer one-year term loan against US Bonds/Securities. Banks can use this versus needing to sell, or concern customers with potential low liquidity with any large deposits.
- There’s no reason to be concerned about your small bank and move to large banks. The BTFP should calm any of these concerns.
FYI - I didn’t mention it in the video, but they’re obviously still economic concerns in the economy. A recession is coming, just know one knows the size. We could look at this as the first shoe to drop in the cascade of financial events. Hopefully they get smaller from here, versus bigger problems.
#SVB #SiliconValleyBank #recession
TLDR:
- All SVB Depositors/Customers will have access to all of their deposits tomorrow, Monday.
- Another Bank was closed in NY, by NY State Regulators, Signature Bank. All of their customers will also have access to their deposits tomorrow.
- Taxpayers are not funding either of these solutions.
- To bring confidence to US Economy and Customers in US Banking Systems, the Fed is creating a $25B fund for a Bank Term Funding Program to offer one-year term loan against US Bonds/Securities. Banks can use this versus needing to sell, or concern customers with potential low liquidity with any large deposits.
- There’s no reason to be concerned about your small bank and move to large banks. The BTFP should calm any of these concerns.
FYI - I didn’t mention it in the video, but they’re obviously still economic concerns in the economy. A recession is coming, just know one knows the size. We could look at this as the first shoe to drop in the cascade of financial events. Hopefully they get smaller from here, versus bigger problems.
#SVB #SiliconValleyBank #recession
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If you’re making a difference in your community, this is the opportunity for you. Maybe by teaching entrepreneurship, dropping 💎 on financial literacy, or leading in activism…this is a chance to expand your platform and get funding to advance your work. Apply by 10/9 at www.mcdchangeleaders.com. @mcdonalds #b#blackandpositivelygolden 2#2023changeleaders e#entrepreneurship ad
If you’re making a difference in your community, this is the opportunity for you. Maybe by teaching entrepreneurship, dropping 💎 on financial literacy, or leading in activism…this is a chance to expand your platform and get funding to advance your work. Apply by 10/9 at www.mcdchangeleaders.com. @mcdonalds #b#blackandpositivelygolden 2#2023changeleaders e#entrepreneurship ad
![Now to Him who is able to [carry out His purpose and] do superabundantly more than all that we dare ask or think [infinitely beyond our greatest prayers, hopes, or dreams], according to His power that is at work within us, #ephesians320 #motivation #scripture #success #failure #maverick #maverickcitymusic created by Jaylen Bledsoe with Maverick City Music & Naomi Raine's Promises (feat. Joe L Barnes)](https://p19-sign.tiktokcdn-us.com/tos-useast5-p-0068-tx/a8c767f1a3c442c78821a5fafdcf5619~tplv-r00ih4996s-1:480:480.jpeg?x-expires=1679918400&x-signature=ZgxnNuoFMdppQtmxZR3mg2jrzlE%3D)
Now to Him who is able to [carry out His purpose and] do superabundantly more than all that we dare ask or think [infinitely beyond our greatest prayers, hopes, or dreams], according to His power that is at work within us,
#ephesians320 #motivation #scripture #success #failure #maverick #maverickcitymusic
#ephesians320 #motivation #scripture #success #failure #maverick #maverickcitymusic
I’ll probably delete this later, but wanted to share in case it needed to be heard by someone else. I was recording a podcast earlier today, and the Holy Spirit wrecked me mid podcast. So after I got myself together…I tried to put words together from what I’d received, modifying the ultimate direction of the podcast. #success #failure
