America’s Smallest Lenders See Deposit Boost Amid Banking Turmoil on Wall Street

Economists are closely monitoring small an three i US -sized financial institutions for potential domino effects.

Moody’s Investors Service cut its outlook for the US banking system to negative from stable th $10 billion “This is a confidence issue. Th recent days ased on fundamentals,” said Nathan S US vall, principal bank analyst for S&P Global Ma Silicon Valley Bank

The boost at both local and largest lende Jill Castilla sign that cust Citizens Bank of Edmond thei Oklahoma gs. 2% ighLightText__NxlGi">2023 the past three days Text__ 120-year-old ll < about $320 million yFeed_highLightTe more than 85% P Global Market Intelligence zero Nathan Stovall this week US Moody’s Investors Service Main Street just a normal week roughly 4,750 ="summaryFeed_highLightT US t__NxlGi" about 60% lion nearly $5 trillion Gi">Bolton this week about half /spa Americans class="summaryFeed_highLightText__NxlGi">Community Spirit Bank US lass="summaryFeed_highLightText__NxlGi">Brad Boltonthis week an class="su JPMorgan Chase & Co. ext__ Bank of America Corp. mmunity Banker Flagship Bank /spa Minnesota class="summaryFeed_highLight SVB t__NxlGi">Rebeca Rainey Andy Schornack ryFeed_ the weekend xt__NxlGi">Apollo Global Management Monday a morning maryFeed_highLightText__NxlGi">Federal Reserve two maryFeed_high one htText__NxlGi">60% US Main Street /span> Schornack d_highLightText__NxlGi">Capital Economics Neil Shearing US coming quarters SVB class="summaryFeed_highLightText__NxlGi">up to 1% Credit Suisse Group AG ightText__NxlGi">JPMorganWednesday class="summaryFeed_highLightText__NxlGi">2023 Thursday _ First Republic Bank San Francisco aryFeed_highLightText__NxlGi">$250 billion Goldman Sachs Group Inc.