Silicon Valley Bank Collapse

The collapsed banks were granted a "systemic risk exception," which means the Federal Deposit Insurance Corp. can guarantee uninsured deposits.

The rollback of Dodd-Frank reforms exempted many of the country's largest banks from stricter regulations put in place after 2008.

As the government moved to backstop depositors affected by the collapse of Silicon Valley Bank and Signature Bank, surviving banks will end up footing the costs, says Laurie Stewart at Sound Community Bank in Seattle.

Viral terms like "bank run" do not help when we're already looking at high prices, rising interest rates and big layoffs in tech.