SEATTLE — The collapse of Silicon Valley Bank is being felt across the country as well as here in Washington.
In a rare early morning address, President Biden assured people with deposits at the bank that their money would be returned to them, including any deposit of any size.
SVB has offices in a high-rise building on Fifth Avenue in Downtown Seattle across the street from the federal courthouse and the main branch of the Seattle Public Library.
It’s not fully clear what, if anything, happens to those offices after the bank’s collapse last Friday.
