FDIC-Insured Deposit Sweep


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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 October 24, 2022. 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.

  • ADM / PNC Bank – Americant Bank, N.A.
  • ADM / PNC Bank – American State Bank (TX)
  • ADM / PNC Bank – Banco Popular North America
  • ADM / PNC Bank – Bank of Houston, NA
  • ADM / PNC Bank – Bank of New England
  • ADM / PNC Bank – Bell Bank
  • ADM / PNC Bank – Bell Bank 2
  • ADM / PNC Bank – Capital One Bank (USA), NA
  • ADM / PNC Bank – Capital One Bank (USA), NA 2
  • ADM / PNC Bank – City National Bank of Florida
  • ADM / PNC Bank – Congressional Bank nka Forbright Bank
  • ADM / PNC Bank – Cornerstone Bank (KS)
  • ADM / PNC Bank – Customers Bank
  • ADM / PNC Bank – First Bank (NJ)
  • ADM / PNC Bank – First Foundation Bank
  • ADM / PNC Bank – First Guaranty Bank
  • ADM / PNC Bank – First United Bank and Trust Company (OK)
  • ADM / PNC Bank – Fortis Private Bank
  • ADM / PNC Bank – Luther Burbank Savings
  • ADM / PNC Bank – NexBank
  • ADM / PNC Bank – Northeast Bank (ME)
  • ADM / PNC Bank – Signature Bank (NY)
  • ADM / PNC Bank – State Bank of Texas
  • ADM / PNC Bank – Sterling National Bank
  • ADM / PNC Bank – Third Coast Bank, SSB
  • ADM / PNC Bank – Tristate Capital Bank
  • ADM / PNC Bank – Union County Savings Bank
  • ADM / PNC Bank – United Texas Bank
  • Bank United
  • Cadence Bank
  • Goldman Sachs
  • IDC / Northern Trust
  • Quaint Oak Bank
  • Signature Bank
  • Stone Castle / US Bank
  • Texas Capital Bank
  • TriState Capital
  • Zions Bank