FDIConnect introduced the Fortress Account so that managing your cash savings is simple, efficient and secure. Your Fortress Account gives you access to our entire network of banking institutions backed by insurance up to $50,000,000. Once your account is open and funded, you have complete access to view your cash balances and the individual banking institutions that hold your funds. You’ll receive one statement, and we’ll even provide you with one 1099 at year end.
FDIConnect is a consumer-focused provider of FDIC pass-through insurance for bank deposits. Through the Fortress Account, clients have access to our network of 400 of the highest yielding FDIC member banks in the nation. This access allows our clients the peace and mind of insuring their entire cash balance (up to $50 million per account) while receiving 10x the average money market rate.