Deposits placed through Fieldpoint’s FDIC Sweep Network are distributed across a network of participating banks, allowing clients to access coverage above the standard maximum of $250,000 per depositor, per insured bank, for each account ownership category, through a single Fieldpoint Private account. Certain conditions must be satisfied for pass-through deposit insurance coverage to apply, including proper account titling and the bank’s ability to maintain accurate records of the allocation of funds. Coverage is provided by each participating bank and is subject to applicable limits. Actual coverage available depends on the number of participating banks and is reduced by deposits a client already holds at those banks; clients are responsible for monitoring their aggregate deposits at each institution. Participating banks may change. Contact us for details.