Is my money protected?

Yes. Acorns Securities is a Member of the Securities Investor Protection Corporation (SIPC), which means all of our customers' investments are protected up to $500,000 (including $250,000 for claims for cash). 

SIPC is a non-profit organization that was established by the federal government in 1970. It's there as a safety net for the customers of SIPC members, like Acorns. 

If you have investments in an account with a company that's a member of SIPC and that investment company has financial difficulties, SIPC will restore your funds to you, up to $500,000. 

SIPC doesn’t protect your investments from the normal ups and downs of the stock market — by nature, investments carry some level of risk. The $500,000 of protection against a worst-case scenario with your brokerage firm will hopefully help offer some peace of mind.

You can learn more about how it works at www.sipc.org.

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.