US banks have well over $1 trillion of uninsured deposits. Signature Bank was among the most exposed.

• The US government shut down Signature Bank on Sunday.
• On Friday, regulators closed Silicon Valley Bank, sparking panic among startups and VCs. 
• Both banks had a huge amount of customer deposits that were not insured by the FDIC. There are others.

A second bank was shut down by the US government on Sunday. This time it was Signature Bank. 

What does this financial institution have in common with Silicon Valley Bank? They both had huge amounts of customer deposits that were not insured by the FDIC.