• Home
  • News
    • Politics & Government
    • Business & Economy
    • Crime / Courts
    • Health / Medicine
  • Sports
    • High School Sports
    • Radio Iowa Poll
  • Affiliates
    • Affiliate Support Page
  • Contact Us
    • Reporters

Radio Iowa

Iowa's Radio News Network

You are here: Home / Fires/Accidents/Disasters / Banking association says put extra Y2K cash back where it’s safe

Banking association says put extra Y2K cash back where it’s safe

January 3, 2000 By admin

A financial industry official says Iowans who took out big wads of cash as a Y-2-K precaution last week should put that money back in their accounts soon. Ben Hildebrandt, a vice president with the Iowa Bankers Association, says it’s a risk holding on to large sums of money.In addition to the risks of the money being stolen, destroyed or otherwise lost, Hildebrandt says there’s another reason to re-deposit the dough in a savings account.Many other people may have the same idea to get to the bank today and deposit their emergency funds. Thieves & robbers may also be lingering. Hildebrandt says people carrying large sums of money should be cautious.He says Iowans are actually losing money the longer they keep their large chunks of change out of the banks since they’re not earning interest.

Share this:

  • Facebook
  • Twitter

Filed Under: Fires/Accidents/Disasters Tagged With: Y2K Bug

Featured Stories

Marquette casino moving to land, leaving only 2 casino boats in Iowa

Reynolds signs her ‘school choice’ bill into law

Governor Reynolds touts 2024 Iowa Caucuses in Inaugural Address

University of Iowa grad presiding over U.S. House Speaker vote

Iowan who was oldest person in the U.S. dies

TwitterFacebook
Tweets by RadioIowa

Iowa State names new receivers coach

No. 2 Iowa visits No. 1 Penn State in wrestling dual Friday night

Iowa’s Clark brings increased exposure to women’s basketball

No. 18 Iowa State women visit TCU

Northern Iowa men host Valparaiso

More Sports

Archives

Copyright © 2023 ยท Learfield News & Ag, LLC