Your high-yield, fully insured cash savings option from Griffin Black
Cash savings is a critical component of any household’s financial strategy. It provides short-term stability and flexibility, facilitates transactions, and stores wealth at-the-ready for key purchases.
Yet many banks fail to pay their customers a market interest rate on their cash holdings. As a result, depositors who are looking for higher rates, or who need FDIC deposit insurance in excess of $250,000, are forced to juggle multiple accounts and ever-changing market conditions.
Flourish Cash1 offers competitive interest rates, expanded deposit insurance, and remarkable ease-of-use.
Flourish Cash is designed to help you (or your business or nonprofit organization) earn a competitive interest rate on your cash while providing you with access to increased FDIC insurance coverage through Flourish’s Program Banks,2 all within an account that’s designed for complete ease-of-use: no account fees, no minimums, and an unlimited number of transfers.3 Flourish Cash is available by invitation only.
Any money you transfer into your Flourish Cash account will be automatically deposited at select FDIC-member banks, such as PNC Bank and HSBC Bank USA, through a broker-dealer “sweep program.” This means your cash will receive FDIC insurance coverage as if you had deposited that cash directly with those banks,2 and you can withdraw it whenever you need it.3