APEX CLEARING FDIC-INSURED DEPOSIT SWEEP PROGRAM PARTICIPATING BANK LIST
Participating Banks as of June 2, 2023 |
|
BNY Mellon, N.A. (as Intermediary Bank) |
Lake Forest Bank & Trust Company, N.A. |
Ally Bank |
Libertyville Bank & Trust Company, N.A. |
Associated Bank, N.A. |
Old National Bank |
BankUnited, N.A. |
Schaumberg Bank & Trust Company, N.A. |
Belmont Bank & Trust Company |
SoFi Bank, N.A. |
BMO Harris Bank, N.A. |
St. Charles Bank & Trust Company, N.A. |
Burling Bank |
State Bank of the Lakes |
Crystal Lake Bank & Trust Company, N.A. |
TIAA, FSB |
Customers Bank |
Town Bank, N.A. |
East West Bank |
Tristate Capital Bank |
Flagstar Bank, N.A. |
Village Bank & Trust |
Independent Bank |
Wintrust Bank |
The Participating Bank List (PBL) is a list of banks into which your funds may be deposited and is available from your broker and at apexclearing.com/disclosures. Please review the PBL carefully and refer to the Apex FDIC-Insured Sweep Program Terms & Conditionsfor complete details about the Program. Your cash may be allocated to any bank on the list at any point in time. You may not designate which banks on the PBL receive your funds. However, you may exclude any Participating Bank from holding your funds at any time bycontacting your broker. This will result in your funds not being deposited into this bank. If your funds are already allocated to that bank, wewill remove your funds from that bank and exclude that bank from receiving future deposits. If you already have funds at any bank on thePBL, please notify your broker to designate that bank to be excluded (as detailed above) so that no additional funds are allocated through this program to that bank, which should help prevent deposits in that bank from exceeding your FDIC‐ defined ownership category insurance limits. You are responsible for monitoring the total amount of deposits that you have at a bank to determine the amount of FDICinsurance you may have available to you. Banks may be added or removed from the PBL. When changes are made, we will, to theextent possible, update the PBL located on apexclearing.com/disclosures 30 days prior to depositing funds to such bank. However, under certain limited circumstances, such prior notification may not be possible.
350 N. St. Paul Street 1300 | Dallas, Texas 75201 | WWW.APEXCLEARING.COM
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