Banking Is The Plumbing Of The US Economy

The series of events that have occurred over the past few weeks have been unfortunate and we begin this week with the loss of another highly regarded financial institution. Given this, depositors are needing assurance and banks are looking at ways to move forward and help restore confidence in the banking system.

Banks provide the plumbing that makes the financial systems in our economy function. When seen through that lens, it becomes clear that the plumbing system is what needs to be insured.