Federally Insured Cash Account (FICA)

Available from StoneCastle Cash Management
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Product Details

Liquid Insured Deposit Account that seeks to provide a high level of current income while maintaining liquidity and providing maximum safety. Invests exclusively in deposit accounts backed by the full faith and credit of the U.S. government,

Product Highlights
• Up to $100 million in federal insurance per entity
• No counterparty, credit or principal risk
• Next day liquidity with no transaction fees, or redemption gates
• Depository network of 900+ U.S. banks, pre-screened and monitored
• Used by over 1,700 institutional entities
• Deposits go toward funding local communities, creating jobs, building homes and infrastructure, expanding social programs and growing local tax bases

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