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Comment by nabla9 | Hacker News Reader

C. 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)

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I clicked on your link, and some dude in a super fancy suit just barged into my house and took the money out of my wallet. That firm exudes the sickly sweet aroma of the hanger-on class.

If you are in Switzerland and you want a deposit over 100k to be safe put it in a Kantonalbank which is backed by the Kanton if it fails to meet its obligations. However there are some Kantons that don't do this so check first. One of the ones considered to be the safest is the zkb in Zürich.

OP asked for a U.S. bank. A foreign bank is probably not the best suggestion.

Except this insurance never applies to business accounts.

This is not true for FDIC.

(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.

FDIC insurance covers business accounts up to $250k per institution. The FSCS scheme in the UK covers business accounts up to £85k per institution. Where are you getting this idea from?

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