Signature Bank’s Closure & Bankruptcy

Signature Bank was closed by regulators in March 2023 after a run on deposits. The FDIC took over and the bank no longer operates.

What happened to Signature Bank?

Signature Bank was a New York-based bank that served many crypto and business clients. In March 2023 regulators closed it after a run on deposits and concerns about its stability. The FDIC took control, so today Signature Bank is closed and no longer operating.

Zenobank as an alternative

If you’re looking for an alternative, take a look at Zenobank. It is a crypto-friendly bank that offers accounts and services for companies and individuals working with digital assets.

Try Zenobank

If you’re looking for an alternative, take a look at Zenobank.

Go to Zenobank →