Vault.Bank Sweep Account
Contact Vault.Bank for current Sweep Account terms, rates, eligibility, and disclosures.
Ready to get started?
Open a Vault.Bank Sweep Account today and rest easy
knowing your funds are completely insured and secure.
FAQs
Find answers to common questions about Sweep Accounts.
An Insured Cash Sweep Account (ICS) helps you leverage a network of banks to provide you with extra Federal Deposit Insurance Corp. (FDIC) coverage for your deposits. Rather than the standard $250,000 per depositor, per institution offered by the FDIC, our ICS Accounts will protect up to $4 million.
ICS Accounts work by leveraging a network of Vault.Bank's partner banks to help leverage your deposit coverage through the FDIC. Rather than you depositing lump sums of $250,000.00 into different banks, ICS Accounts allow you the same coverage but only dealing with one primary bank.