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Podcast: The Real Estate Espresso Podcast
Episode: A Shun Of The Bank, Not A Run On The Bank
Description: A Shun of the bank is not the same as a run on the bank. But the effect can sometimes be the same.Â
The latest bank to suffer from the banking crisis that erupted last year is a name that most people might not remember. NY Community Bancorp announced their year end financial results and their 4th quarter results.Â
The bank was the winning bidder in the auction to take over the assets of Signature Bank when it failed in the Spring of 2023. Signature was the second bank to fail after Silicon Valley Bank.Â
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