FDIC Protection on Funds up to $4M
Rather than opening and managing multiple bank accounts at various institutions, you can unlock up to $4 million in FDIC coverage with our Insured Cash Sweep account feature.
Safeguard your deposits by using our insured cash sweep accounts to protect up to 15x what other banks offer today.
Deposits are spread across our network of 20+ trusted banks without requiring you to open or manage separate accounts.
Easy to setup, manage, and monitor your deposits, 24/7 from one place.
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What Does it Mean to be FDIC Insured?
FDIC stands for Federal Deposits Insurance Corporation. They are an independent U.S. Government agency, that ensures that your deposits are safe up to a certain threshold. FDIC is crucial to making sure your money is in safe hands when you have an account with a federally insured bank.
What does FDIC insurance Cover?
FDIC insurance covers deposits in all types of accounts at FDIC-insured banks. FDIC does not cover non-deposit investment products. $250,000 is covered per depositor through FDIC by default. Our Vault.Bank Sweep account extends this coverage to $4M by automatically distributing your funds into smaller funds each under $250,000, ensuring that your total investment remains insured.
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One Account to Safeguard $4M of Funds
Our ICS accounts are an innovative, secure, and convenient way you
to access multi-million-dollar FDIC protection. We make it easy to
insure your deposits and avoid the hassle of opening accounts at
different banks to keep your deposits insured.
A Vault.Bank Sweep account uses our secure network banks to seamlessly do this work behind the scenes to ensure your money is safe and FDIC insured up to $4 million.
Just one account, one statement and one banking relationship.
Set up your account in minute.
Peace of mind knowing all your money in insured.
The highest yields in the market.
Ready to get started?
Sign up today and experience the difference of banking with Vault.Bank.