USA Mutuals Partners Insured Cash Shelter Account (ICSA) seeks to provide a competitive level of interest in a federally insured account with liquidity and safety. ICSA is able to provide FDIC insurance protection on deposits beyond the current $250,000 limit for each category of legal ownership by electronically  linking to multiple “well-capitalized”  FDIC Insured banks and savings  institutions. By spreading assets among multiple institutions, ICSA  is able to  offer a higher level of FDIC insurance coverage compared to a deposit in a single banking institution. Currently, deposits in ICSA benefit from FDIC insurance coverage up to a total of $10 million (subject to Terms and Conditions) and additional coverage may be available upon request.

Why Invest in USA Mutuals Insured Cash Shelter Account?

The Insured Cash Shelter Account may be appropriate for individual, retirement, foundation, municipality and all other account types who :

• Seek the safety of principal that FDIC-Insurance provides;
• Desire a competitive yield;
• Are looking for complete safety of capital;
• Want liquidity without withdrawal or early termination penalties/fees;
• Wish for convenience of a single account with a detailed monthly statement while having access to multiple banking and savings institutions;
• Want confidence your money is placed with only well-capitalized banks and saving institutions (as defined by the FDIC); or
• Are a fiduciary and required to invest solely in U.S. government-guaranteed or insured investments.