Bank failure toll reaches 94

"A total of 94 banks have failed so far this year, with an average of about 10 per month. That's nearly four times the number of banks that failed in 2008, and it's the highest tally since 1992, when 181 banks failed."

The main concern I have with the banks failing is the possibility of one bank having a monopoly of everyone's money. That spells trouble for me.