FDIC, Cash Management and SVB

By now, you’ve probably seen the news of Silicon Valley Bank (SVB) and it’s demise. FDIC, Treasury, and the Federal Reserve have publicly stated that every depositor at SVB will be made whole. Which is great news for the individuals and businesses that had money with SVB.

In response, I made a short video that goes over what FDIC insurance is and some cash management strategies to implement.

As always, I’m here to chat should you have any questions or worries.