* Michael Schultheiss <schul...@spi-inc.org> [2018-09-05 15:16]: > Rationale: SPI currently holds in trust and in its general fund well > over the FDIC insured limit. Dividing up SPI's funds just to remain > under the FDIC insurance limit places undue burden on the SPI Treasury > team. Since SPI and its associated projects do not need immediate access > to all funds held in trust/general, a portion of the funds SPI holds > should be placed in secure high interest bearing accounts such as
Agreed. (Personally, I see the risk of having too many bank accounts, and the associated time to check everything is ok, higher than one of the major banks failing in a way that funds are lost.) -- Martin Michlmayr https://www.cyrius.com/ _______________________________________________ Spi-general mailing list Spi-general@lists.spi-inc.org http://lists.spi-inc.org/listinfo/spi-general
