An educated citizenry is a vital requisite for our survival as a free people.

Follow The Leader: Where Wealthy Are Putting Their Dollars In Bank Crisis


Join ThinkCivics+ premium Substack subscription to support independent news. Purchase today to get 25% off your membership! Our independence and ability to speak truth to power depend on all the resources we can get. Help us and become part of the fight!

CNBC tells where the wealthy are going instead of banks:

  • Wealthy investors and family offices are moving more of their money out of bank cash-balances and into treasuries, money markets and other short-term instruments, according to wealth advisors.
  • High-net-worth investors typically keep millions of dollars or even tens of millions in cash in their bank accounts to cover bills and unexpected expenses. Their balances are often way above the $250,000 FDIC insured limit. Following the collapse of Silicon Valley Bank and potential cracks in the network of regional banks, wealth advisers say many clients are now asking fundamental questions about how and where to keep their cash.
© 2022 ThinkCivics Media. All Rights Reserved.

Welcome Back!

Login to your account below

Create New Account!

Fill the forms below to register

Retrieve your password

Please enter your username or email address to reset your password.