Yes! All Acorns Checking accounts are insured by the FDIC up to at least $250,000 per depositor, per ownership category. Your deposits in your Acorns Checking account are protected up to $250,000 — that's because our banking partners, Lincoln Savings Bank and NBKC bank, are both FDIC members. FDIC insurance applies only to accounts held in the United States and its territories and possessions.
Since the FDIC and its deposit insurance was created in 1933, no depositor has lost insured money within the $250,000 protection due to the failure of a member bank.
FDIC insurance applies only to accounts held in the United States and its territories and possessions. For details, please refer to the brochure published by the FDIC or visit the FDIC website at www.fdic.gov.
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