Our FDIC-insured Program Banks as of September 23, 2024 are:
Amalgamated Bank | New York, NY
Associated Bank NA | Milwaukee, WI
Bank Hapoalim BM | New York, NY
Bank of Hope | Los Angeles, CA
Bank of New Hampshire | Laconia, NH
Bremer Bank NA | Minneapolis, MN
C3bank National Association | Encinitas, CA
Cadence Bank NA | Atlanta, GA
EagleBank | Bethesda, MD
Farmers and Merchants Bank | Milford, NE
First Carolina Bank | Rocky Mount, NC
First Horizon Bank | Memphis, TN
Legacy Bank & Trust Company| Mt. Grove, MO
Manufacturers Bank | Los Angeles, CA
Metro City Bank | Doraville, GA
NexBank | Dallas, TX
SMBC MANUBANK | Los Angeles, CA
State Bank of India | New York, NY
Stifel Bank and Trust | St. Louis, MO
Synovus Bank | Columbus, GA
The Camden National Bank | Camden, ME
Third Coast Bank | Humble, TX
Thread Bank | Rogersville, TN
Union Bank and Trust Company | Lincoln, NE
WEX Bank | Portland, ME
Note: Thread may change the network of Program Banks at any time. If a change is made, notification will be provided in advance.
DISCLOSURES
California Consumer Privacy Act Notice
Thread Consumer Accounts Rate Sheet
Thread Sweep Program:
IntraFi Sweep Program for Unit Fintech Partnerships
Through the IntraFi Thread Deposit Sweep Program, available deposits will be “swept” (moved) into deposit accounts at one or more of our Program Banks. Cash deposits made to Program Banks are covered by Federal Deposit Insurance Corporation (“FDIC”) Insurance up to a minimum of $3,000,000 inclusive of deposits you may already hold at the bank in the same ownership capacity. Note: Thread Bank is not responsible for monitoring the amount of deposits in any Program Bank. For more information about the program, see the Thread Sweep Disclosure.
Note: If you have questions about which sweep program is applicable to your deposits with Thread Bank, please contact us at: customerservice@thread.bank.