Q. Are Custodial accounts protected from creditors?
In the event of a bank failure or takeover, custodial accounts are FDIC insured. This means that if anything happens to Stash, our custodian Apex, or the wider banking system, your custodial account is safe from creditors. A custodial account is a kind of irrevocable trust.…
Q. Is the money I deposit into a Stash banking account FDIC insured?
Yes, the funds that are deposited in your Stash banking account are FDIC insured. Stash banking account services are provided by Green Dot Bank, Member FDIC. Green Dot Bank operates under the following registered trade names: GoBank, Green Dot Bank and Bonneville Bank.…
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