SKYVIEW 1 is a technology company, not a bank. Banking accounts and services are provided by Grasshopper Bank, N.A., Member FDIC.
* Through Grasshopper Bank, N.A., you are eligible to utilize ICS®, the IntraFi Cash ServiceSM, to access FDIC insurance through thousands of participating IntraFi network banks. Deposit placement through ICS is subject to the terms, conditions, and disclosures in the applicable agreements. Although deposits are placed in increments that do not exceed the FDIC standard maximum deposit insurance amount (“SMDIA”) at any one destination bank, a depositor’s balances at the institution that places deposits may exceed the SMDIA (e.g., before settlement for deposits or after settlement for withdrawals) or be uninsured (if the placing institution is not an insured bank). The depositor must make any necessary arrangements to protect such balances consistent with applicable law and must determine whether placement through ICS satisfies any restrictions on its deposits. A list identifying IntraFi network banks appears at https://www.intrafi.com/network-banks. The depositor may exclude banks from eligibility to receive its funds. IntraFi and ICS are registered service marks, and IntraFi Cash Service is a service mark, of IntraFi Network LLC.
** National Rates
*** The SKYVIEW 1 Savings Account Annual Percentage Yield (APY) is accurate as of February 20, 2024. This rate is variable and may change. Fees may reduce earnings. The national average annual percentage yield (APY) for Money Market Savings accounts is 0.46%, as published in the FDIC’s WeeklyNational Rates and Rate Caps; average rate used is for deposits up to $100,000.
**** https://news.gallup.com/poll/505439/half-worry-money-safety-banks.aspx