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Acorns investments are not FDIC insured and may lose value, and investing involves the risk of losing principal. While Acorns Checking is not directly FDIC-insured, balances held in these accounts are insured up to $250,000 per depositor through partner banks.
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Investments are Not FDIC Insured and May Lose Value
Investment products are not insured by the FDIC, not guaranteed by a bank, and may lose value.
Why it matters: Users should be aware that their investment products are not protected by FDIC insurance, are not guaranteed by a bank, and there is a risk that they may lose money.
Investment products are**NOT FDIC INSURED, NOT BANK GUARANTEED, and MAY LOSE VALUE.**
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Acorns Checking is Not FDIC-Insured
Balances held in Acorns Checking accounts are added together and are insured up to $250,000 per depositor through Lincoln Savings Bank or nbkc bank, Members FDIC, but Acorns Checking itself is not FDIC-insured.
Why it matters: While individual balances are insured through partner banks, Acorns Checking itself does not hold the FDIC insurance, indicating a distinction in how the insurance is applied.
Any balances you hold in Acorns Checking Account(s) are added together and are insured up to $250,000 per depositor through Lincoln Savings Bank or nbkc bank, Members FDIC. Acorns Checking is not FDIC-insured.