Nearly half of Americans are concerned about the banking system. 

From Bloomberg. Almost half of US adults say they’re worried about the safety of their deposits in banks and other financial institutions — levels of concern as high or higher than during the 2008 financial crisis.

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A Gallup poll released Wednesday shows 48% of Americans are very or moderately worried about their money following the worst spate of bank failures in 15 years. Only 20% say they’re not worried at all.

Levels of concern break somewhat among party lines, with 55% of Republicans saying they’re worried about their deposits, compared to 36% of Democrats. …

The telephone survey of 1,013 US adults was conducted April 3 to April 25 — following the failures of Silicon Valley Bank and Signature Bank the previous month but before the collapse of First Republic Bank last week. …

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(Excerpt from Bloomberg. Photo Credit: Canva)