Experts say businesses have a lot of options for storing their money safely—and they don’t necessarily involve stashing their cash with “too-big-to-fail” megabanks.
The failures of three medium-sized banks this spring rattled small business owners, who often had deposits in excess of the $250,000 that’s protected by the Federal Deposit Insurance Corporation. Almost two-thirds of small businesses keep their money in small or regional banks, according to an April survey by the National Federation of Independent Businesses. And 70% of business owners said they were at least slightly concerned about the financial health of their banks in the wake of




