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Axos Bank provides FDIC deposit insurance coverage up to $150M
The Fly

Axos Bank provides FDIC deposit insurance coverage up to $150M

Axos Bank said it provides its Insured Cash Sweep program, which offers multimillion-dollar FDIC insurance coverage to commercial, small business, and consumer banking clients. Through IntraFi Network Deposits, the ICS program provides expanded protection of liquid deposits up to $150M with FDIC insurance, backed by the full faith of the federal government, Axos said in a statement.

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