FLEXINSURED ACCOUNT®

The FlexInsured Account is an excellent complement to your investment account with First Allied. It allows you to protect your cash balances while still linking your FDIC-insured holdings with your investment account for more control and simplified management of your money. Select FlexInsured Account as your sweep option, and available cash balances will be deposited into an interest-bearing, FDIC-insured deposit account at one or more financial institutions.

FlexInsured Account Disclosure Statement*

*Published: October 1, 2018

We are updating the terms and conditions of the FlexInsured Account. If you have a FlexInsured Account that was opened prior to October 1, 2018, this update will take effect on November 16, 2018. A notice summarizing this update was sent to current participants in our Cash Sweep Program. To see all updates, please read the FlexInsured Account Disclosure Statement.

FlexInsured Program Interest Rates

Cash Tier Range Rates
Tier 1 $0 - $24,999.99 0.15%
Tier 2 $25,000 - $49,999.99 0.15%
Tier 3 $50,000 - $99,999.99 0.25%
Tier 4 $100,000 - $249,999.99 0.25%
Tier 5 $250,000 - $499,999.99 0.30%
Tier 6 $500,000 - $749,999.99 0.35%
Tier 7 $750,000 - $999,999.99 0.45%
Tier 8 $1,000,000 - $1,499,999.99 0.55%
Tier 9 $1,500,000 - $4,999,999.99 0.65%
Tier 10 $5,000,000 - $9,999,999.99 0.75%
Tier 11 $10,000,000 and above 0.80%

LIST OF PARTICIPATING FINANCIAL INSTITUTIONS

  1. Androscoggin Bank, Lewiston, ME
  2. Associated Bank, Green Bay, WI
  3. Branch Bank & Trust, Lumberton, NC
  4. Citibank NA, New York, NY
  5. Compass Bank, Birmingham, AL
  6. East West Bank, Pasadena, CA
  7. Evolve Bank & Trust, Memphis, TN
  8. Farmers and Merchants, Milford, NE
  9. First Guaranty Bank, Hammond, LA
  10. Flushing Bank, Uniondale, NY
  11. Glacier Bank, Kalispell, MT
  1. Israel Discount Bank, New York, NY
  2. Morris Bank, Dublin, GA
  3. NY Community Bank, Cranford, NJ
  4. Quontic Bank, Astoria, NY
  5. Seaside National Bank, Orlando, FL
  6. Simmons First Bank, Little Rock, AR
  7. Third Coast Bank SSB, Humble, TX
  8. Tristate Capital Bank, Pittsburgh, PA
  9. United Bank, Glastonbury, CT
  10. Valley National Bank, Wayne, NJ
  11. WEX Bank, Midvale, UT


INTERMEDIARY BANK
First National Bank of Omaha

You may exclude any financial institution listed above from holding funds through the FlexInsured Account by contacting your financial advisor.