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Is the Treasury Account protected under FDIC or SIPC?
Is the Treasury Account protected under FDIC or SIPC?
Updated over a week ago

Treasury Accounts are custodied at The Bank of New York Mellon. Balances below $500k are covered by SIPC insurance. The underlying Treasury bills held in the account are fully backed and guaranteed by the US Government. Investments in Treasury bills are not FDIC insured or bank guaranteed, as this type of protection only applies to savings accounts and other banking products.

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Disclosures:

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Investments in T-bills: Not FDIC Insured; No Bank Guarantee; May Lose Value.

All U.S. Treasury investments and investment advisory services provided by Jiko Securities, Inc., a registered broker-dealer, member FINRA and SIPC. Securities in your account are protected up to $500,000. For details, please see www.sipc.org. Banking services provided by Jiko Bank, a division of Mid-Central National Bank.

Jiko Group, Inc. and its affiliates do not provide legal, tax, or accounting advice. You should consult your legal and/or tax advisors before making any financial decisions. This material is not intended as a recommendation, offer or solicitation for the purchase or sale of any security or investment strategy. See FINRA BrokerCheck, Jiko U.S. Treasuries Risk Disclosures and Jiko Securities Inc. Form CRS.


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