Wealthfront Cash Account Participant Banks
Wealthfront clients may obtain the benefits of FDIC insurance eligibility in a cash account through the FDIC-Insured Deposit Sweep Program and the Participant Banks listed below. Once you open and fund your cash account, the available cash balance will be held on your behalf at one or more of the Participant Banks assigned to your account. Once at a bank, your cash balance will be eligible for FDIC insurance coverage up to the applicable limits.
Participant Banks as of 01/09/2023 are:
- Citibank N.A.
- CrossFirst Bank
- East West Bank
- Green Dot Bank
- HSBC Bank USA, NA
- Peapack-Gladstone Bank
- State Street Bank and Trust Company
- Customers Bank
- Cross River Bank
- Farmers and Merchants Bank
- Northeast Bank
- Metropolitan Commercial Bank
- Fieldpoint Private Bank & Trust
- ConnectOne Bank
- Bank of Baroda
- AXOS Bank*
- Truist Bank*
If you have any questions about Program Banks, please contact us.
*Planned addition to Program Banks.