I'm not sure what "true" means in your statement. But assuming it's about getting 3% interest on your deposit. Would it also be ok if the company went under and

I'm not sure what "true" means in your statement. But assuming it's about getting 3% interest on your deposit. Would it also be ok if the company went under and you lose all your money because they weren't insured? is that risk worth the 3%? Maybe or maybe not. But I'm gonna assume you'd like to know there is a risk before you deposited any cash in that account.