To some, the question of where to keep your money safe might seem obvious — go with one of the big guys, the banks that have been deemed “too big to fail.” Their ATMs and branches are ubiquitous, their mobile apps sleek and user-friendly.
That’s a perfectly rational decision for most people who just need a place to deposit their paychecks and occasionally withdraw cash to pay the dog walker.
But those mega-banks lack the dexterity and regional specialization that small businesses crave, which is partly why Corporate America and policy makers alike are worried about the continued turmoil among regional banks.
Read More : The importance of regional banks for America’s economy