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.