Deposits placed through the Raisin platform with FDIC-insured banks are eligible for pass-through deposit insurance; certain conditions must be satisfied for pass-through deposit insurance coverage to apply. Raisin is not an FDIC-insured bank. FDIC deposit insurance covers the failure of an insured bank. To learn more about pass-through deposit insurance, click here.
For more information on federal deposit insurance coverage limits and how they may impact your deposits, please refer to our Terms of Service.