The Insured Cash Shelter Account (‘ICSA’) provides access up to $10 million of Federal Deposit Insurance Corporation (‘FDIC’) coverage through one convenient account.
If you or your clients are seeking safety of principal on all balances up to $10 million (subject to Terms and Conditions for the program), competitive yield and next day liquidity, then consider the Insured Cash Shelter Account.
Benefits Insured Cash Shelter Account:
- Up to $10 million* of FDIC insurance
- Liquidity at par plus interest, without any early termination penalties or fees
- Convenience of a single statement, convenient account access and automated trade confirms
- Deposits are placed only in ‘well-capitalized’ banks and saving institutions as defined by the FDIC
- Competitive rates on complete cash balance - no tiering of yields based on account balance
- Ideal for fiduciaries which are required to invest solely in U.S. Government guaranteed or insured investments
With the USA Mutuals Partners Insured Cash Shelter Account your funds are insured up to $10 million* by the FDIC, giving you the confidence and security you seek with the access and convenience you need.
USA Mutuals Partners Insured Cash Shelter Account
Minimum Investment:$10,000
Subsequent: $5,000
Additional Coverage may be available upon request
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