Institutional Safety & Deposit Protection
At Hillridge, deposit security is foundational to our treasury solutions. FDIC insurance protects client deposits placed with FDIC-insured financial institutions against loss in the unlikely event of a bank failure.
Automatic Coverage
FDIC insurance is automatically applied to eligible deposit accounts upon account opening without any fee or enrollment process.
Per Bank & Rights Category
Coverage applies per depositor, per insured institution, for each account ownership category.
FDIC Statutory Limits
Standard protection guarantees under federal banking law.
FDIC Ownership Categories
Understanding how deposits are categorized enables corporate treasurers and individuals to structure balances effectively.
Single Accounts
Owned by one individual without named beneficiaries. Insured up to $250,000 per depositor across all single accounts at the same institution.
Joint Accounts
Owned by two or more individuals. Each co-owner is insured up to $250,000 for their combined share of joint accounts (e.g., $500,000 for two co-owners).
Corporations & LLCs
Deposits held by a business entity are insured up to $250,000 separately from the personal accounts of the company owners or stockholders.
Trust & Fiduciary Accounts
Revocable and irrevocable trust accounts receive coverage based on beneficiary allocations, up to $250,000 per eligible primary beneficiary.
What Is & Is Not Insured
FDIC insurance specifically protects deposit products while excluding market-based investments.
Covered Deposit Products
Fully insured up to statutory limits
- Checking Accounts
- Savings Accounts
- Money Market Deposit Accounts (MMDAs)
- Certificates of Deposit (CDs)
- Official Bank Checks & Money Orders
Non-Deposit Products
Not insured by the FDIC (subject to market risk)
- Mutual Funds & Money Market Mutual Funds
- Stocks, Bonds, and Corporate Debt Instruments
- U.S. Treasury Securities (Directly Held)
- Annuities & Insurance Products
- Cryptocurrency & Digital Assets
Expanding Coverage Beyond $250,000
Structure large corporate cash balances to enjoy multi-million-dollar FDIC protection while maintaining liquidity.
IntraFi Cash Service (ICS) & CDARS
Access multi-million-dollar FDIC insurance coverage through a single institutional banking relationship.
- Sweep excess corporate cash above $250,000 into a network of FDIC-insured partner institutions.
- Maintain full access to liquidity through demand deposit or money market deposit accounts.
- Consolidated reporting and single 1099 accounting statements.
- Eliminate the operational overhead of managing multiple bank accounts manually.
Strategic Account Structuring
Maximize baseline coverage by organizing cash allocations across legal entity designations.
- Separate coverage limits for distinct operating entities, subsidiaries, and joint ventures.
- Segregation of escrow, payroll, and operating capital accounts.
- Trust agreement reviews to ensure alignment with updated FDIC beneficiary rules.
- Custom risk advisory to align cash placement with treasury policies.
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