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We are a tech company, not a bank. Greatweek Visa® Commercial Credit Cards are issued by Celtic Bank. Greatweek partners with Stripe Payments Company for money transmission services and account services with funds held at Evolve Bank & Trust, Member FDIC.
Neither Greatweek nor Stripe are FDIC-insured institutions. FDIC’s deposit insurance coverage only protects against the failure of an FDIC-insured depository institution. Stripe Treasury Accounts are eligible for FDIC pass-through deposit insurance if they meet certain requirements. The accounts are eligible only to the extent pass-through insurance is permitted by the rules and regulations of the FDIC, and if the requirements for pass-through insurance are satisfied. The FDIC insurance applies up to 250,000 USD per depositor, per financial institution, for deposits held in the same type of account.
The information provided on this website is not intended to offer, and should not be relied upon as, tax advice. You can review all our legal agreements and disclosures here https://greatweek.com/legal-agreements/