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Is it just me or does it seem sort of odd that they don't mention the FDIC anywhere on the page (whether they will be insured) You can't advertise that you will be FDIC insured?



See the FAQ (https://banksimple.com/faq/).

> Will my deposits be insured by the FDIC?

> Yes, all deposits will be insured to the FDIC limit (currently $250,000) through our partner banks at launch, just like with any other major bank (or credit union through the NCUA). FDIC insurance guarantees the safety of your deposits.


It's you.




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