RJ and Makay

After three years of repeated small bank failures across the U.S., bank troubles seem to be easing.  The new development is expected to increase the insurance fund, which protects depositors, into positive territory next month.

In the first quarter of this year, only four lenders were added to the government’s list of so called “problem banks,” bringing the total to 888, the Federal Deposit Insurance Corporation (FDIC) reported on Tuesday.  It represents the smallest quarterly increase since the beginning of the financial crises and is a clear sign that the banking industry is regaining a healthy footing.