Given recent developments, Ask: what US bank post-SVB would you recommend, for USD, EUR and GBP checkings?
Ask HN: What US bank post-SVB would you recommend?
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Re: Ask HN: What US bank post-SVB would you recommend?
#2Two. One that you like, and one with a AAA credit rating.
Re: Ask HN: What US bank post-SVB would you recommend?
#3C. Hoare & Co. https://www.hoaresbank.co.uk/
is the one if you need stability and quality, no question.
If you are worried about bank runs you can divide your deposits into $250,000 chunks and divide it between banks. (or whatever the insured amount in your country is)
Re: Ask HN: What US bank post-SVB would you recommend?
#4Ironically, SVB, or whatever its new name will be. Like how the safest airline to fly is the one who just had an accident.
Re: Ask HN: What US bank post-SVB would you recommend?
#5C. Hoare & Co. https://www.hoaresbank.co.uk/ is the one if you need stability and quality, no question. If you are worried about bank runs you can divide your deposits into $250,000 chunks and divide it between banks. (or whatever the insured amount in your country is)
Except this insurance never applies to business accounts.
Re: Ask HN: What US bank post-SVB would you recommend?
#6Ironically, SVB, or whatever its new name will be. Like how the safest airline to fly is the one who just had an accident.
SVB no longer exists.
Re: Ask HN: What US bank post-SVB would you recommend?
#7C. Hoare & Co. https://www.hoaresbank.co.uk/ is the one if you need stability and quality, no question. If you are worried about bank runs you can divide your deposits into $250,000 chunks and divide it between banks. (or whatever the insured amount in your country is)
Except this insurance never applies to business accounts.
This is not true for FDIC.
Re: Ask HN: What US bank post-SVB would you recommend?
#8C. Hoare & Co. https://www.hoaresbank.co.uk/ is the one if you need stability and quality, no question. If you are worried about bank runs you can divide your deposits into $250,000 chunks and divide it between banks. (or whatever the insured amount in your country is)
Except this insurance never applies to business accounts.
(in the US) FDIC insurance treats business accounts the same as personal accounts. Bank accounts for corporations, partnerships, and unincorporated associations get the full $250k in FDIC coverage, separate from any owner or member of the organization.
(in the EU) the sum is $100,000 and also applies to companies.
Re: Ask HN: What US bank post-SVB would you recommend?
#9C. Hoare & Co. https://www.hoaresbank.co.uk/ is the one if you need stability and quality, no question. If you are worried about bank runs you can divide your deposits into $250,000 chunks and divide it between banks. (or whatever the insured amount in your country is)
OP asked for a U.S. bank. A foreign bank is probably not the best suggestion.
Re: Ask HN: What US bank post-SVB would you recommend?
#10[flagged]