To invest on your behalf, you will see a rebate of funds in your Market Savings dashboard. Doing this allows us to create your investment account with our partners at Apex Clearing Corporation and invest on your behalf.
Your Market Savings deposit is FDIC insured3 and placed with Webster Bank, N.A., Member FDIC, and is not encumbered, collateralized, or put at risk. Save does not utilize your deposit for anything else aside from placing it with Webster Bank, N.A., Member FDIC, to ensure capital protection. Independently of your deposit, Save will make an investment on your behalf based on your portfolio allocation.