Your money is held in your business’s name at our partner bank, Fifth Third Bank, Member FDIC.
Hamilton Rock provides the technology platform that helps you manage your accounts, but the bank holds the funds. This means your money remains safely held at the bank, even if Hamilton Rock were no longer operating.
Eligible deposits are also covered by FDIC pass-through deposit insurance up to $250,000 per depositor, per ownership category, provided the applicable FDIC requirements are met. This gives you the same level of protection many traditional bank customers receive.
Banking services are provided by Fifth Third Bank, N.A., Member FDIC. Hamilton Rock is a financial technology company, not a bank.
Funds held in Financial Accounts are deposited at one or more FDIC-insured depository institutions. Subject to the satisfaction of applicable FDIC requirements for pass-through insurance, deposits are eligible for FDIC insurance coverage up to $250,000 per depositor, per insured depository institution, for each ownership category, in accordance with the rules and regulations of the Federal Deposit Insurance Corporation (FDIC).
Hamilton Rock Financial Services Corp and Stripe are financial technology companies and are not FDIC-insured depository institutions. FDIC deposit insurance protects against the failure of an FDIC-insured depository institution where deposits are held.