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Deposit accounts are held at Cross River Bank, Member FDIC, and insured up to $250,000. Deposits are automatically enrolled in a cash sweep program, which provides up to $10M of aggregate FDIC pass-through deposit insurance coverage, across participating FDIC-insured network banks, subject to limits. Certain conditions must be satisfied for deposit insurance coverage to apply, see terms: #fdic-insurance-and-sweep-program" target="_blank" rel="nofollow noopener">money-support.x.com/en/i/faq#fdic-…. X Payments LLC is not an FDIC-insured bank. Deposit insurance only covers the failure of an insured bank.
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