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See if you can find a bank where you can set up a sweep account. It will sweep funds over $250K and spread the cash into multiple FDIC-insured accounts. We will lose our sweep account once we transition over to Chase, who acquired our bank. Chase doesn’t offer this option, so we’ll be looking also.
We also purchased government funds through Schwab for our current cash. We’re earning better interest than our bank, and we can access the funds within ~one day. This is separate from our reserves, which are invested using a long-term strategy.