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Fieldpoint Private FDIC Sweep Network
Summary

FDIC insurance into the tens of millions, with competitive yield and extraordinary simplicity.

Strength in Numbers

  • Banks have traditionally provided FDIC insurance up to $250,000 per depositor.
  • Fieldpoint Private can access the combined FDIC insurance power of hundreds of banks combined with the simplicity of one account.

Insurance Aggregation

  • Fieldpoint Private clients can access insurance levels up to $50 million per tax ID in the account title.

About the FDIC Sweep Network

  • Each day, hundreds of banks place an automated sweep of funds into interest-bearing accounts. each of which is protected by $250,000 in FDIC insurance.
  • This level of safety significantly exceeds that found in money market mutual funds and short-term bond funds, which offer nothing comparable to FDIC insurance.

Safety. Returns. Simplicity.

  • Open a single account. Fieldpoint’s technology handles the rest.
  • Available to individuals, businesses, foundations or other non-profits, Title Company and 1031 exchanges.
  • Talk to us about attractive rates on deposits new to Fieldpoint.

 

Learn More About the Fieldpoint Private FDIC Sweep Network

Call 203.413.9300 or email inquiries@fieldpointprivate.com

 

 

*Based on triggering events as set forth in the Placement Agreement with the service provider’s bank.

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