Are the funds in my account insured by the FDIC?
Yes, your account is held by our partner, BBVA USA, Member FDIC. Their FDIC certificate number is 19048. Your deposits are insured up to the FDIC limit of up to $250,000 per depositor, per insured bank, for each account ownership category.
If you’d like further details, or you happen to have a Shared account or an account with BBVA USA in addition to your Simple account and you’re curious how that might affect your coverage, you can learn more at the FDIC website: https://www.fdic.gov/.