FLEXINSURED ACCOUNT®

The FlexInsured Account is an excellent complement to your investment account with Cetera Advisors LLC. 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: April 11, 2018
Effective: May 16, 2018

We are updating the terms and conditions of the FlexInsured Account. Most notably, we are changing how eligibility for interest rate tiers is determined. This update will take effect on May 16, 2018, and 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. For prior terms, please refer to your disclosure document or contact your financial professional.

INTEREST RATE BASED ON CUSTODIED ASSETS**

Tier Range Rate
Tier 1 $1 - $49,999 0.06%
Tier 2 $50,000 - $99,999 0.07%
Tier 3 $100,000 - $499,999 0.11%
Tier 4 $500,000 - $999,999 0.17%
Tier 5 $1,000,000 and above 0.20%

**Tiers will be updated on May 16, 2018. Thereafter, rates will be tiered based on the value of each account’s FlexInsured Account deposits. Rates are subject to change as stated in the FlexInsured Account Disclosure Statement.

LIST OF PARTICIPATING FINANCIAL INSTITUTIONS

  1. Androscoggin Bank, Lewiston, ME
  2. Associated Bank, Green Bay, WI
  3. Bank of China, New York, NY
  4. Bank Hapoalim, New York, NY
  5. Barclays Bank, Wilmington, DE
  6. Branch Bank & Trust, Lumberton, NC
  7. Citibank, Sioux Falls, SD
  8. Compass Bank, Birmingham, AL
  9. East West Bank, Pasadena, CA
  10. Glacier Bank, Kalispell, MT
  11. Israel Discount Bank, New York, NY
  1. KeyBank, Buffalo, NY
  2. New York Community Bank, Westbury, NY
  3. Plains Capital Bank, Dallas, TX
  4. RBS Citizens Bank PA, Philadelphia, PA
  5. RBS Citizens Bank, Providence, RI
  6. Simmons First Bank, Pine Bluff, AR
  7. Southwest Bank, Fort Worth, TX
  8. Tristate Capital, Pittsburgh, PA
  9. Umpqua Bank, Portland, OR
  10. United Bank, Glastonbury, CT
FLEXINSURED ACCOUNT ACKNOWLEDGEMENT & EXEMPTION NOTICE**