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- Bank Deposit Program
Other Investments
Bank Deposit Program
Available cash balances are swept automatically into interest-bearing, FDIC-insured deposit accounts at up to three Citigroup-affiliated banks.
Increase in FDIC Insurance Limits
Detailed information on federal deposit insurance coverage can be found on the FDIC's Web site. For more information about the Bank Deposit Program, including Deposit Limits, please contact your Financial Advisoradvisor or review the Bank Deposit Program Disclosure Statement (PDF).
The Program Banks are FDIC members. Morgan Stanley Smith Barney LLC (“Morgan Stanley Smith Barney”) and Citigroup Global Markets Inc. (“CGMI”) are registered broker-dealers, not banks. Morgan Stanley Smith Barney and the Program Banks are affiliates. Unless specifically disclosed to you in writing, other investments and services offered to you through Morgan Stanley Smith Barney and CGMI are not insured by the FDIC, are not deposits of or other obligations of, or guaranteed by, the Program Banks and involve investment risks, including possible loss of principal amount invested.
For more information, please contact your Financial Advisor.
