Flourish Cash Announces Fourth Increase in FDIC Insurance Coverage This Year
The increased FDIC insurance coverage will allow two-person households to be eligible to receive up to $16M in FDIC insurance through a joint account and two individual accounts.
- The increased FDIC insurance coverage will allow two-person households to be eligible to receive up to $16M in FDIC insurance through a joint account and two individual accounts.
- Flourish continues to expand its Program Bank network to further increase the FDIC coverage offered to clients.
- This marks the company’s fourth raise in FDIC insurance coverage year-to-date, following an increase last month .
- “This year alone, Flourish has added 11 additional banks to our Program Bank network to further increase the FDIC coverage we are able to offer to our clients.