The past several years have taught business owners, chief financial officers and treasury department teams in large organizations that no bank is entirely insulated from potential failure. This is a sobering realization. While extensive protections exist for consumers, business owners have to exert a little extra effort to keep their company’s cash safe. Even a modest business has several million dollars in working capital. Does FDIC insurance protect you? Are their other options? Read my recent article published at American Express’ OpenForum to learn more about how to keep your company’s cash safe.
