News

Where to Put Your Money During a Banking Crisis

0

Emil Lendof/The Wall Street Journal

This year’s market turmoil has sent nervous investors rushing to cash. But protecting your money isn’t as simple as parking it in a mattress.

Despite recent strains in the banking sector, a bank account remains the simplest place to store cash. Balances up to $250,000 are protected by the Federal Deposit Insurance Corp., or FDIC, at any U.S. bank.  

Already a subscriber? Sign In

Sponsored Offers

Most Popular news

Most Popular opinion

Recommended Videos

Europe will pay the price for wiping out Credit Suisse bondholders as its ex-CEO warns U.S. banks are ‘rubbing their hands’

Previous article

Tesla Stock: Cathie Wood Sells $27 Million Of TSLA, Buys The Dip On Coinbase, Block

Next article

You may also like

Comments

Leave a reply

Your email address will not be published. Required fields are marked *

More in News