Common use of FDIC Insurance Clause in Contracts

FDIC Insurance. When you have registered and loaded your Card, the money credited to your Card will be held in a custodial account at the Bank on your behalf. The amount of money in this custodial account is insured to the maximum limit provided by the FDIC. If you do not register your Card with us, any funds credited to your Card will not be insured by the FDIC. Green Dot Bank also operates under the brands GoBank and Bonneville Bank. Deposits under any of these trade names are deposits with a single FDIC-insured bank, Green Dot Bank, and are aggregated for deposit insurance coverage.

Appears in 6 contracts

Samples: Cardholder Agreement, Cardholder Agreement, Cardholder Agreement

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FDIC Insurance. When you have registered and loaded your Card, the The money credited to your Card will be held in a custodial account at the Bank on your behalf. The amount of money in this custodial account is insured to the maximum limit provided by the FDIC. If you do not register your Card with us, any funds credited to your Card will not be insured by the FDIC. Green Dot Bank also operates under the brands GoBank and Bonneville Bank. Deposits under any of these trade names are deposits with a single FDIC-insured bank, Green Dot Bank, and are aggregated for deposit insurance coverage.

Appears in 5 contracts

Samples: Cardholder Agreement, Cardholder Agreement, Cardholder Agreement

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FDIC Insurance. When you have registered and loaded your Card, the money credited to your Card will be held in a custodial account at the Bank on your behalf. The amount of money in this custodial account is insured to the maximum limit provided by the FDIC. If you Ifyou do not register your Card with us, any funds credited to your Card will not be insured by insuredby the FDIC. Green Dot Bank also operates under the brands GoBank and Bonneville Bank. Deposits under any of these trade names are deposits with a single FDIC-insured bank, Green Dot Bank, and are aggregated for deposit insurance coverage.

Appears in 1 contract

Samples: Cardholder Agreement

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