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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
ICSC champions small and emerging businesses in getting from business plan to brick-and-mortar.
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