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How does FDIC Insurance Coverage Work?

Are my deposits safe?

Rho checking accounts are FDIC-insured up to $250,000. Rho treasury management accounts are FDIC-insured up to $75mm via a network of banks. For more information on deposit insurance, please visit the FDIC website.

To open a treasury management account for deposits over $250,000, please see here.

Rho is a fintech company, not a bank. Checking and card services provided by Webster Bank, N.A., member FDIC; savings account services provided by American Deposit Management Co. and its partner banks.