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 09/23/2024 are:
- HSBC Bank USA, NA
- Morgan Stanley Bank, N.A.
- Morgan Stanley Private Bank, National Association
- Wells Fargo Bank NA
- Citibank N.A.
- Truist Bank
- State Street Bank and Trust Company
- Manufacturers and Traders Trust Company
- Bank of Baroda
- East West Bank
- Israel Discount Bank
- UMB Bank, National Association
- Barrington Bank & Trust Co., N.A.
- Beverly Bank & Trust Co., N.A.
- Crystal Lake Bank & Trust
- Hinsdale Bank & Trust Co., N.A.
- Lake Forest Bank & Trust Co., N.A.
- Libertyville Bank & Trust Co., N.A.
- Northbrook Bank & Trust Co., N.A.
- Old Plank Trail CMNY Bank & Trust Co., N.A.
- Schaumburg Bank & Trust Co., N.A.
- St. Charles Bank & Trust Co., N.A.
- State Bank of the Lakes, N.A
- Town Bank, N.A.
- Village Bank & Trust Co., N.A.
- Wheaton Bank & Trust Co., N.A.
- Wintrust Bank
- AXOS Bank
- Green Dot Bank
- City Bank
- ConnectOne Bank
- Customers Bank
- CrossFirst Bank
- Peapack-Gladstone Bank
- Midland States Bank
- Northeast Bank
- Metropolitan Commercial Bank
- Farmers and Merchants Bank
- Pinnacle Bank
- Cross River Bank
- BankUnited, N.A.*
If you have any questions about Program Banks, please contact us.
*Planned addition to Program Banks.
**Planned removal from Program Banks.