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FDIC Protection

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Learn more about how your funds are protected

What banks are my sweep funds held at?
To see which banks your money is allocated to, you can click your icon in the lower left corner, select “docs and statements”, and download your Sweep statement.…
- 8 days ago
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- FDIC Protection
What banks are in the sweep program?
This depends on which of our partner banks your funds are housed at, but all banks are FDIC institutions and include large, trusted banks like Goldman Sachs and Capital One.…
- 8 days ago
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How does the sweep network work?
Sweep networks are a way for customer deposits to be spread across a network of banks. Sweep networks aren’t investment funds — accounts held across the network are treated no differently than money…
- 8 days ago
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How Do I Sign Up For Mercury Vault?
Every Mercury account already has access to Vault, and there is no additional signup process to gain access. Please note that only admins on the account will be able to access/see Vault.…
- updated 8 days ago
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How do I see my FDIC protection?
You’ll want to visit https://mercury.com/settings/vault - from here, you can see your coverage. To see which banks your money is allocated to, you can click your profile icon in the lower left corner,…
- updated 8 days ago
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What is Mercury Vault?
Mercury Vault packages together several of our features to make Mercury the single best place you can go to protect your funds against bank risk and have it accessed all in one place.…
- 8 days ago
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Are my funds insured?
Mercury checking and savings deposits are FDIC-insured up to $5M. As a broader effort, we are working on expanding all coverage even further. You can learn more about FDIC insurance through their own…
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Learn more about how your funds are protected

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FDIC Protection

What banks are my sweep funds held at?

What banks are in the sweep program?

How does the sweep network work?

How Do I Sign Up For Mercury Vault?

How do I see my FDIC protection?

What is Mercury Vault?

Are my funds insured?

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