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.

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Rho is a fintech company, not a bank or an FDIC-insured depository institution. Checking account and card services provided by Webster Bank, N.A., member FDIC; savings account services provided by American Deposit Management Co. and its partner banks. Mastercard^® and the circles design are trademarks of Mastercard International Incorporated. International and foreign currency payments services provided by Wise US., Inc. FDIC deposit insurance coverage is available only to protect you against the failure of an FDIC-insured bank that holds your deposits and is subject to FDIC limitations and requirements. It does not protect you against the failure of Rho or other third party.

Images used are for illustrative purposes only.

How does FDIC Insurance Coverage Work?

Are my deposits safe?

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