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.

Investment risk in Worthy bonds is mitigated by the fact that the bond entities do primarily secured lending and lending across industries, different geographies and different types of loans. While not FDIC insured (as we are not a bank), our bonds are "secured" by a diverse investment portfolio. That said, of course, ultimately Worthy bonds are an investment and any investment is subject to loss, so we ask that our customers only invest what they're comfortable risking.