As a message from Silicon Valley Bankcollapse spread across the financial world, the Federal Deposit Insurance Corpor FDIC, and the federal reserve reportedly began discussing the creation of a new fund that could allow regulators to secure more deposits from troubled banks.

What happened: Regulators debated creating a fund that would act as a reservoir for deposits from banks that are struggling, reported Bloomberg. The hope is that by setting up such a special vehicle, regulators can offer depositors more stability and confidence and reduce panic.

See also: Roku has 26% of cash at SVB Financial, deposits uncertain – 27 other companies linked to failed bank

Although the talks were not made public, bank executives were involved in the discussions, the report said.

The move follows the collapse of Silicon Valley Bank, a subsidiary of SVB Finance Group SIVBon Friday.

After the collapse FDIC took control of SVB and even offered to the employees of the bank 45 working days at 1.5 times the salary.

SVB struggled to raise more capital and fears of liquidity shortages caused a sharp decline in the bank’s shares on Thursday and Friday, resulting in a halt to trading. Before the bank’s demise several SVB Financial Group Insiders sold shares of the stock – a move that is now attracting the attention of investors and on social media.

Why it matters: The collapse has raised concerns about the health of regional banks focused on the venture capital and startup sectors and possible risks to the larger financial system. The new fund that regulators are considering is part of their contingency planning to manage these risks and bring more stability to the entire financial system.

Continue reading: Janet Yellen Says No to Silicon Valley Bank Bailout: ‘We Won’t Do It Again’