Insured Deposit Sweep Account

The Insured Deposit Sweep 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 Insured Deposit Sweep 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.

Insured Deposit Sweep Account Disclosure Statement*

*Published: October 1, 2018

We are updating the terms and conditions of the Insured Deposit Sweep Account. If you have an Insured Deposit Sweep 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 Insured Deposit Sweep Account Disclosure Statement.

INTEREST RATE: 0.41% (As of September 17, 2018)

Monthly per account fee*: $13.13

*Fee anticipated to be paid by financial institutions

LIST OF PARTICIPATING FINANCIAL INSTITUTIONS

  1. Androscoggin Bank, Lewiston, ME
  2. Associated Bank, Green Bay, WI
  3. BB&T, 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 & Merchants Bank, Milford, NE
  9. First Guaranty Bank, Hammond, LA
  10. Flushing Bank, Uniondale, NY
  11. Glacier Bank, Kalispell, MT
  12. Israel Discount Bank of New York, New York, NY
  1. Morris Bank, Dublin, GA
  2. New York Community Bank, Cranford, NJ
  3. Quontic Bank, Astoria, NY
  4. Seaside National Bank & Trust, Orlando, FL
  5. Simmons First National Bank, Little Rock, AR
  6. Third Coast Bank SSB, Humble, TX
  7. Tristate Capital Bank, Pittsburgh, PA
  8. United Bank, Glastonbury, CT
  9. Valley National Bank, Wayne, NJ
  10. WEX Bank, Midvale, UT
INSURED DEPOSIT SWEEP ACCOUNT ACKNOWLEDGEMENT & EXEMPTION NOTICE