Yes, Tip Jar funds are held for your benefit with our partner bank, NBKC Bank, and FDIC insured up to $250,000.
Tip Jar funds are FDIC-insured on a “pass through” basis. This means that each individual member's balance is protected by FDIC insurance, up to the limits established by the FDIC.
Tip Yourself itself is not a bank, and therefore, does not have an FDIC insurance number.
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