How To Insure Bank Deposits Over $250,000

First Business Bank Podcast

English - July 17, 2023 18:50 - 9 minutes - 12.6 MB - ★★★★★ - 11 ratings
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Concerns over bank failures and potential uninsured deposit losses led many business owners, investors, municipalities, and others to seek ways to insure deposits beyond the FDIC insurance limit of $250,000. While your inclination might be to spread deposits across multiple banks, this is an unnecessary inconvenience and an administrative burden. Tune in as First Business Bank’s banking experts discuss the benefits of extended deposit insurance, including increased efficiency, liquidity, and earning a competitive interest rate.