My spouse and I are considering moving our savings to a high-yield online bank but we're nervous about not having a physical branch, and we realize we don't actually understand what protections we have if something goes wrong with any bank, traditional or online.
More people experience this than they realize.
Digital financial services challenge assumptions about security and institutional reliability.
“Where Are You with How banks work?”
If this sounds familiar, the Library can help you find the bigger picture.