Biden is calling for a range of safeguards for the banking system in the wake of the failures of Silicon Valley Bank and Signature Bank.

The bounced checks were unrelated to the recent collapse of Signature Bank, and affected consumers will be reimbursed, according to the settlement administrator.

“Investors in the banks will not be protected,” Biden said. “They knowingly took a risk and when the risk didn’t pay off, the investors lose their money.”

Here’s how the Silicon Valley Bank and Signature Bank failings, and moves by U.S. regulators may affect your wallet, according to financial advisors.

U.S. regulators on Sunday shut down New York-based Signature Bank in a bid to prevent the spreading banking crisis.