In the last few weeks, we have seen major banks fail, including Silicon Valley Bank and Signature Bank and you may have wondered, how do you protect your business from bank failures?

In this video I review what you need to considerer when picking a bank for your business, including your needs, the different options available, and strategies for managing the risk. I also share an option for those of you located outside of the United States.

00:00 Intro
01:18 Four Options
05:21 What do you need?
08:31 Bank of America (big bank)
12:47 Bank of the West (regional)
15:25 Mercury (online)
19:39 Navy Federal Credit Union (credit union)
21:21 Why the Banks Failed
27:36 Strategies to Manage Risk

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Legal Disclosure: I am licensed to practice in the state of California and before the United States Patent and Trademark Office. Information contained in this video is not legal advice – please seek advice of counsel. This video and description may contain attorney advertising.

Disclosure: My videos may contain reviews, recommendations, testimonials, or endorsements of other businesses, individuals, events, materials (such as books), products, services, or websites. At this time I do not receive any monetary compensation or affiliate revenue for such content. I occasionally receive free access to a service, product, or program in order to provide a review; if so, I will clearly disclose this in the video.

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EPW Small Business Law PC http://www.elizabethpottsweinstein.com

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