Small Biz Ahead
A Podcast By Small Business Owners, For Small Business Owners
1 year ago

Tips for Protecting the Cash You Have in Your Bank

Episode Notes

Hey everybody, this is Gene Marks, and welcome to this week's episode of the Hartford Small Biz Ahead Podcast. Thank you so much for joining me, and I am glad that you're here. Obviously, you've been reading the news and seeing the headlines all about the recent troubles in the banking industry, particularly the failure of Silicon Valley Bank. There have been some others in the news, Republic Bank, Signature Financial, Credit Suisse and all of that. And I wanted to make some comments on that and give you some advice about protecting your cash. I mean, obviously there were a lot of customers with Silicon Valley Bank that suffered losses of their cash or potential losses of their cash. Hopefully the government will bail them out and make them whole. But it's been a huge, huge issue. And I've been getting a lot of questions from my own clients and a lot of my readers like, can this happen to me?

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