Tag: bank runs

Reducing Risks to Your Family’s Finances

I work in the IT industry as a virtualization engineer, and 90% of my job is about reducing risk, eliminate single points of failure and implementing redundancy. Everyday a number of situations arise in my regular job that make me think of how my requirements can apply to personal finances. Recently, when Cyprus depositors lost …

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Is My Bank FDIC Insured?

Very few people – when they open up a bank account – look at whether or not a bank is FDIC (Federal Deposit Insurance Corporation)¬†insursed. Do you ever notice this little sticker on the front of the door when you walk into the bank? Probably not. More than likely you choose your bank because it …

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