Updated September 28, 2026
What is FDIC?
In short
The FDIC is the US scheme that reimburses depositors if an insured bank fails.
The FDIC is the US scheme that compensates depositors when an insured bank fails. The protection is named in the account details of every provider listed here: Acorns shows FDIC up to USD 250,000, Acorns Checking shows FDIC up to USD 250,000, AffinityPlus Credit Union shows FDIC up to USD 250,000 and Airtm shows FDIC up to USD 250,000. Compare the limit each provider shows against the balance you plan to keep, since the same scheme covers all of them.
Sources
- acorns.com, checked September 26, 2026
- affinityplus.org, checked September 26, 2026
- airtm.com, checked September 26, 2026