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Small Business Center

What a Small Business Owner Should Look for When Choosing a Bank

March 22, 2023

Though regulators announced they would cover customer deposits at Silicon Valley Bank and Signature Bank up to their full amounts, the banks’ collapse is making many small business owners reevaluate their banking relationships. CNBC offers tips for what small businesses should look for when choosing a bank. One takeaway: Consider having accounts at different banks.

For more advice from CNBC, click here.

By Rebecca Meiser

Contributor, Commerce + Communities Today and Small Business Center

Small Business Center

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