![]() “We’re talking about 2 banks, large banks, you know Silicon Valley over 200 billion in assets, that are largely concentrated to the tech industry. Ron Green, President and CEO of Oregon Pacific Bank says the model those banks were built on is not how most banks, and specifically banks in our region operate. Signature Bank in New York and Silicon Valley Bank of California were shuttered and assets seized, causing some questions for other banks and whom else might be at risk. Recent Tech layoffs, Rising interest rates and a lack of diversification of assets led to the crumbling of two major banks on Friday.
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