<ul data-eligibleForWebStory="false"><li>The second U.S. bank failure of the year occurred in Texas with the closure of Santa Anna National Bank due to suspected fraud.</li><li>The Federal Deposit Insurance Company (FDIC) took over as receiver of the bank, ensuring deposits up to $250,000 per depositor per ownership category are protected.</li><li>Customers whose accounts were transferred to Coleman County State Bank can expect their services, such as debit cards, direct deposit, and checks, to continue.</li><li>It is recommended to verify that your bank is FDIC-insured to safeguard your funds in case of bank failures, even though the recent closure did not result in a major national collapse.</li></ul>

Is Your Money Safe? What To Know About The Second U.S. Bank Failure This Year

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