Through our COR Clearing Cash Plus Account, offer your clients a VISA® Gold or Platinum debit card, or personal checks to make cash management easier. Automated Clearing House (ACH) capabilities and dividend reinvestment services are also included, to help further simplify your clients’ lives.
COR Clearing's deposit accounts are FDIC Insured with the money balances being held directly with the participating banks within the COR Clearing FDIC Sweep program.
As a result, deposits in checking accounts, savings accounts, money market savings accounts and Certificates of Deposit (CDs) are insured up to $250,000 per depositor, per insured bank, for each account ownership category under the FDIC's general deposit insurance rules. Deposits in bank individual retirement accounts (IRAs) are separately insured up to $250,000 per owner.
To learn more, contact the FDIC toll-free at 1-877-ASK-FDIC (1-877-275-3342) or visit www.fdic.gov.
Insured Deposit Program Banks
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