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Is My Worthy account FDIC insured?
Is My Worthy account FDIC insured?

Are Worthy Bonds insured?

Madison Hord avatar
Written by Madison Hord
Updated over a week ago

FDIC stands for "Federal Deposit Insurance Corporation" and its function is to insure banks in the event of bank failures. Meaning, if a bank fails, the insurance covers customer deposits in that bank up to $250,000 per customer.

We are not a bank - our bonds are an investment product - so being FDIC insured does not apply to us (or to most any investment products on the market).

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