Resolves YES if after First Republic Bank's collapse on May 1 and before June 1 (eastern time), another US bank is placed into FDIC receivership according to https://www.fdic.gov/resources/resolutions/bank-failures/failed-bank-list/.

Background

The ongoing banking crisis has caused the collapse of several large regional banks including Silicon Valley Bank and First Republic Bank, and several other regional banks appear to be on shaky footing with large stock price declines in the last few weeks.

https://apnews.com/article/pacwest-deposits-fed-regional-banks-e08b80e8f9f321c881a8b946172b1cdb

Uncertainty continues to pummel the banking industry, despite assurances from financial regulators and bankers such as Jamie Dimon this week that the worst of the recent crisis is over and the health of the banking system remains strong.

Bank shares have sold off on Wall Street this week following the government seizure and subsequent sale of First Republic Bank to JPMorgan. It was the second-largest bank failure in U.S. history and the third failure of a midsize lender in two months.

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