Depositors have been unable to access their funds, and we're all wondering, "Am I next?" Many of us are quickly making a transition to physical investments we can hold in our hands because the future of banking is incredibly concerning.

On Sunday night, a second bank was closed by regulators and its deposits have also been put in control of the FDIC. Signature Bank out of New York was shut down to "protect consumers and the financial system" according to a joint statement released by the U.S. Treasury Department, the Federal Reserve, and the Federal Deposit Insurance Corporation.

According to that statement:

Depositors of the Silicon Valley Bank will have access to all of their money – following the bank's failure on Friday – at no loss to American taxpayers…

…"Today we are taking decisive actions to protect the U.S. economy by strengthening public confidence in our banking system," the joint statement read. "This step will ensure that the U.S. banking system continues to perform its vital roles of protecting deposits and providing access to credit to households and businesses in a manner that promotes strong and sustainable economic growth."

The statement said Treasury Secretary Janet L. Yellen had approved actions enabling the FDIC to complete its resolution of SVB "in a manner that fully protects depositors."

Depositors will have access to all of their money starting Monday, March 13. The taxpayer will bear no losses associated with the resolution of SVB.