FDIC-Insured Deposit Sweep

This Bank List applies to accounts opened through certain service provider partners of Evolve Bank & Trust. To confirm whether this Bank List applies to you, please contact us

What is a Program Bank?

A Program Bank is a bank partner of Evolve Bank & Trust (“Evolve”) that holds your deposits in an account opened at the bank on your behalf by Evolve. Evolve maintains the first $250,000 of your deposits at Evolve, and all funds in excess of $250,000 are deposited on your behalf with one or more Program Banks. Deposits at a Program Bank may not increase your FDIC insurance coverage. You are able to opt out of available Program Banks at your discretion. Please see your Evolve deposit account terms for additional information.

Which Program Banks are included in the network?

The following are Evolve’s FDIC-insured Program Banks as of March 13, 2023. Please Note: Evolve may change the network of Program Banks at any time. If a change is made, we’ll let you know in advance.

  • Amerant Bank, N.A.
  • Bank of Houston, N.A.
  • Bank of New England
  • Bank United
  • Bankwell Bank
  • Bell Bank
  • Cadence Bank
  • Capital One Bank (USA), N.A.
  • City National Bank of Florida
  • Congressional Bank nka Forbright Bank
  • Cornerstone Bank (KS)
  • Customers Bank
  • Enterprise Bank
  • Evolve Bank & Trust
  • First Bank (NJ)
  • First Foundation Bank
  • First Guaranty Bank
  • First United Bank and Trust Company (OK)
  • Flagstar Bank, N.A.
  • Fortis Private Bank
  • Goldman Sachs
  • IDC / Northern Trust
  • Luther Burbank Savings
  • NexBank
  • Northeast Bank (ME)
  • Popular Bank
  • Quaint Oak Bank
  • ServisFirst Bank
  • State Bank of Texas
  • Stearns Bank
  • Stone Castle / US Bank
  • Texas Capital Bank
  • Third Coast Bank, SSB
  • TriState Capital Bank
  • United Texas Bank
  • Webster Bank