The San Francisco-based First Republic Bank recently became the third U.S. bank to close its doors in just two months, after the Federal Deposit Insurance Corporation (FDIC) announced that most of the bank’s assets would be acquired by JPMorgan following a weekend sale. All locations opened as JPMorgan Chase branches on Monday.

Hot on the heels of the public failures of Silicon Valley Bank and Signature Bank in March, the move might raise alarm bells for depositors on the reliability of the banking industry. However, experts say government protections safeguard most depositors in the event of a bank failure—an event that is far more unlikely than recent headlines might make it seem.

Read More: First Republic Bank Seized by Regulators and Sold…