Nearly half of Americans concerned whether their money is safe in banks
Half of all Americans are not too concerned about the safety of their money.
Nearly half of all Americans are worried about how safe their money is in banks as multiple U.S. financial institutions have failed in the past two months, according to a poll released Thursday.
A total of 48% of U.S. adults say they are worried about the safety of their money, including 19% who said they are "very" concerned and 29% who said they are "moderately" worried, according to a Gallup poll.
The poll was conducted April 3-25, the month after Silicon Valley Bank and Signature Bank failed. First Republic Bank collapsed on May 1.
Thirty percent of Americans are "not too worried" while 20% are "not worried at all" about the safety of their deposits, according to the poll.
The survey is similar to one conducted in 2008, when Gallup found 45% of U.S. adults were very or moderately worried about how safe their money was after Lehman Brothers investment bank went bankrupt.
This poll was conducted among 1,013 U.S. adults and has a 4% margin of error.
Madeleine Hubbard is an international correspondent for Just the News. Follow her on Twitter or Instagram.