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:
- Increasing convenience, efficiency, and security with extended deposit coverage
- Accessing your fully insured bank deposits in a sweep for increased liquidity
- Earning a competitive interest rate on your deposits
First Business Bank’s experts proactively discuss extended deposit coverage every day with clients as part of our routine business practice looking out for your best interests. Whether you’re running a business or investing your personal wealth, tune in to our episode for essential advice to insure bank deposits.