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> The checking and savings products are not technically bank accounts. They are separate balances held within a Robinhood brokerage account. Your checking and s
by pkaye 8y ago
> The checking and savings products are not technically bank accounts. They are separate balances held within a Robinhood brokerage account. Your checking and savings funds are not FDIC-insured, but they are protected by insurance from the Securities Investor Protection Corporation, up to $250,000 in cash, according to Robinhood's FAQs.
Is there any risk to the SIPC insurance vs FDIC-insured?