Save is not a bank. Save is a new type of savings advisory program regulated by the SEC founded by senior members of the banking and investment industry with one common goal: To create a platform that helps people save more through market investments without any risk to their capital while eliminating unnecessary advisor fees, and by placing the customer’s interests first.
Customer capital is always placed with partner banks such as Lendingclub bank and is FDIC insured. Any investments are guaranteed by the SIPC through our custodian Apex Clearing.