To ensure the Raisin platform is as safe and secure as possible, we work with federally insured banks as the custodians of your funds. These custodian banks establish accounts at each bank or credit union on our platform and hold the funds there for the benefit of customers. This allows you to open one single Raisin account with the custodian banks while funding multiple products at different financial institutions if you so choose. Raisin never touches your funds and they are always held with a federally insured institution for your safety and security.