IntraFi and ICS are registered service marks, and the IntraFi hexagon and IntraFi logo are service marks, of IntraFi Network LLC. If the depositor is subject to restrictions on placement of its funds, the depositor is responsible for determining whether its use of ICS satisfies those restrictions. As stated in the DPA, the depositor is responsible for making any necessary arrangements to protect such balances consistent with applicable law. Although funds are placed at destination banks in amounts that do not exceed the FDIC standard maximum deposit insurance amount (“SMDIA”), a depositor’s balances at the relationship institution that places the funds may exceed the SMDIA (e.g., before ICS settlement for a deposit or after ICS settlement for a withdrawal) or be ineligible for FDIC insurance (if the relationship institution is not a bank). In the ICS savings option, program withdrawals may be limited to six per month. Maximum coverage of $150MM per IntraFi website as of Mathis amount is subject to change. Limits and customer eligibility criteria apply. * Placement of funds through the ICS service is subject to the terms, conditions, and disclosures in the service agreements, including the Deposit Placement Agreement (“DPA”). Past performance of a security does not guarantee future results or success.Īxos Invest LLC, Axos Invest, Inc., and Axos Bank are separate but affiliated companies. For accounts that exceed the 250,000 FDIC limit, Stearns Bank offers ICS (Insured Cash Sweep) and CDARS (Certificate of Deposit Registry Service). Investment risk including possible loss of the principal invested. Protecting your deposited funds has never been more important. Insured by the FDIC or any governmental agency, and are subject to Securities and other non-deposit investment products and servicesĪre not deposits, obligations of or guaranteed by Axos Bank, are not Read more information about SIPC on the SIPC web page. All cash and securities held in Axos Invest client accounts are protected by SIPC up to $500,000, with a limit View the background of this firm, or REVIEW our Form CRS. YOU MAY FIND MORE INFORMATION ABOUT OUR FIRM ON FINRA’S BROKERCHECK. Brokerage services and securities products are offered byĪxos Invest LLC, Member FINRA & SIPC. Information about our advisory services, please view ourįree of charge. Registered with the Securities and Exchange Commission (“SEC”). For more information readĪdvisory services are offered by Axos Invest, Inc., an investment adviser The FDIC from other deposit accounts held with the same ownership and/or Allĭeposit accounts of the same ownership and/or vesting held at Axos Bank areĪll deposit accounts through Axos Bank brands are not separately insured by All depositĪccounts through Axos Bank brands are FDIC insured through Axos Bank. Bank products and services are offered by Axos Bank ®.
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