The bank failures in not showing any sign of abatement. In this week alone, the US FED has closed down five more banks and the FDIC has taken charge of all the failed banks. In few of the banks there are unsecured deposits which are being culled out by FDIC for further actioning.
As per reports, many of the unsecured deposit holders in these banks might lose their valuable savings, which is not a good sign in the long run. The exact details are likely to be confirmed in the next few days, post which there could be run on smaller and weaker banks from the depositors.