USA Today: Fact check: Insurance program protects most bank accounts up to $250,000; advice to withdraw unfounded

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In the Media

USA Today: Fact check: Insurance program protects most bank accounts up to $250,000; advice to withdraw unfounded March 20, 2023 Brian Marks, senior lecturer in the Department of Economics and Business Analytics in the Pompea College of Business and Executive Director of the Entrepreneurship & Innovation Program, says following failures of Silicon Valley Bank and Signature bank, “The government has stepped in and is being transparent about the steps it is taking and emphasized this protection exists. 'That might be tough to step back from that step in the future.'

https://www.usatoday.com/story/news/factcheck/2023/03/17/fact-check-most-bank-accounts-insured-up-250-000/11482352002/

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