Is my cash FDIC insured in Betterment Checking?

You bet! Joint Checking accounts are eligible for up to $250,000 of FDIC insurance per depositor subject to certain conditions at nbkc bank, Member FDIC‡, and deposit network. Betterment is not a bank. 

Our checking services are provided by nbkc bank. If you already have funds at nbkc bank or another nbkc bank partner separately from what you hold through Betterment Checking, you will be eligible for up to $250,000 per depositor, per FDIC-insured bank, per ownership category.