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Fintech DriveWealth Announces Improved FDIC Insurance Coverage

DATE POSTED:August 21, 2025
Starting in October 2025, DriveWealth Bank Sweep Deposit Program customers’ cash will be automatically swept into a network of multiple FDIC-insured banks, “enabling coverage of up to $1 million per customer — significantly higher than the standard single-bank $250,000 limit.” This enhancement provides DriveWealth partners with... Read More