The collapse of Silicon Valley Bank sent the US into a tizzy, and many are wondering if this is the beginning of a recession that feels to forever be looming.

Is your money safe in a bank?

Should you consider pulling out some just in case of another collapse?

And how does what happened at SVB affect you and your finances?

These are just some of the questions we covered in this episode of Winning Strategies Playbook with our guest, Jeff Montgomery. Jeff is the Fort Worth Market President for Guaranty Bank & Trust and has an extensive background in the banking industry.

Jeff talks about the winding path that led him to becoming president of a bank, and the lessons he learned along the way. He also extensively talks about the current banking situation, what he believes happened, and what it means for the average American. Plus he talks about some of the biggest mistakes he made early in his career.