Are CDs purchased through us FDIC insured?

Funds will be withdrawn from the last position bank with funds first.

Please Note…

It depends upon the method of deposit. In the case of deposits made via ACH, interest accrues from the date the deposit arrives through the four-business day credit hold period after which it is credited to the account. In the case of check deposits (other than Bank Checks), no interest is accrued during the credit hold period. Bank Checks and wire transfers are credited to the account effective upon receipt and are therefore not subject to any credit hold…

If you exceed the FDIC coverage limit at a bank assigned to hold your deposits, you can opt out of that bank via the tools in the Client Portal:

1. Log in to Client Portal.…

Certificates of Deposit (CDs) offered by IBKR are not FDIC insured and are subject to the credit risk of the issuing bank.

Additional Information…