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Gary Zimmerman, MaxMyInterest - SVB, FDIC, & Improving ROI on Cash | #471

The Meb Faber Show - Better Investing

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Online Banks - What Are They?

Mabry: My interest was built following the financial crisis. I had an existing brick and mortar account at one of the big four banks. And they're not structurally set up to pay competitive rates on savings accounts because they've got a really big heavy brick and mortar infrastructure. What we built was effectively what you might call Amazon 2.0, which is the marketplace that enables you to see all of the bank accounts that are available,. Mabry: We can help you spread your cash across enough banks so that you're always FDIC insured.

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