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03.23.23 Bank Failure Update - What YOU Should Do / SAVE On Streaming TV

The Clark Howard Podcast

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The Long Knives: A Guide to Protecting Your Deposits

A number of these midsize banks have seen deposits fully then you add on top of it going back to interest rates. That's not a run on the bank it's just smart business on the part of those customers. All these things have been baking in a cake ever since the Federal Reserve started raising interest rates. It's pretty clear that deposits are going to be protected at any financial institution that runs into cash flow issues for now.

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