The big picture:
Just as water sustains life along rivers and coastlines, capital flow determines which parts of our economy thrive.
Why it matters:
The U.S. banking system’s unique decentralized structure powers economic growth and opportunity across communities, making it a cornerstone of American prosperity.
By the numbers:
Trillions of dollars sit in checking and savings accounts daily, protected by FDIC insurance up to $250,000.
How it works:
- Local banks convert idle deposits into productive loans for businesses and individuals
- Thousands of independent banks make daily lending decisions, creating a decentralized economic democracy
- Unlike other countries dominated by a few large banks, America’s diverse banking system makes capital accessible to more people
The bottom line:
Supporting diverse, local banking helps keep Utah’s economy strong and makes the American dream more accessible to everyone.