Balances and limits

What are the FDIC insurance limits?
The FDIC provides deposit insurance in the amount of $250,000 per per ownership category. As such, individual accounts are insured up to $250,000 at eac...
Wed, Oct 30, 2019 at 4:45 PM
How does Max help keep funds FDIC insured?
Max spreads your cash out across multiple banks to help keep you below the FDIC insurance limit at each bank. By default, Max assumes that at the com...
Tue, Sep 10, 2019 at 2:32 PM
How can I maximize FDIC insurance coverage?
Individuals can obtain up to $2 million of incremental FDIC insurance coverage by opening a Max account linked to 8 online savings accounts ($250,000 x ...
Wed, Oct 30, 2019 at 4:46 PM
Are there maximum balance limits / how much I can deposit at each bank?
There is no limit as to how much cash you can optimize using Max. By default, Max helps keep your balances below the FDIC insurance limit at each bank. ...
Fri, May 31, 2019 at 7:48 AM
How can I obtain even greater FDIC coverage on business or non-profit accounts?
For members who need more FDIC insurance coverage, Max offers a partner solution with The American Deposit Management Co. (ADM) that ca...
Sun, Aug 14, 2016 at 1:50 PM