How Market Savings is safe in 5 ways 

Market Savings combines the safety and security of a bank deposit with the return potential of an investment portfolio.

As the President and COO of Save, an SEC-regulated financial adviser, I want to ensure current and prospective Save customers understand our products, including our Market Savings.  

Market Savings combines the safety and security of a bank deposit with the return potential of an investment portfolio. The key to its safety is the account setup. Cash deposits are never put at risk and remain separate from investments. 

In the following points, I break down exactly how Market Savings keeps your initial deposit safe through FDIC insurance, while reaping the benefits of market-driven returns

1. Your cash is safe and not used for the investments 

When a customer opens a Market Savings program, Save opens two separate accounts: 1) a deposit account with our partner bank Webster Bank, N.A., Member FDIC and 2) an investment account at Apex. All investments are made in the investment account without using the customer’s deposit. As a result, the customer’s deposit is never exposed to market risk. 

2. Your cash remains at Webster Bank 

When a customer initiates a Market Savings program, they select a program term of one or five years. Throughout their selected term, the customer deposit will remain insured in their Webster Bank deposit account.  

Headquartered in Stamford, CT, Webster Bank is a leading commercial bank with over $70 billion in assets. 

3. Your cash is FDIC insured

Funds deposited at Webster Bank are FDIC-insured up to the maximum allowed by law. This insurance coverage is limited to not more than $250,000 per depositor. To determine the extent of available FDIC insurance coverage in accordance with FDIC rules, learn more from the FDIC website. 

4. If markets decline, your deposit is not at risk 

If markets decline, only investments made on your behalf will decline in value. The worst possible investment outcome is that the investments return $0.00 or 0%. Meanwhile, because your deposit was never invested, it remains insured at Webster Bank. 

5. Your investment account is SIPC insured 

SIPC protects against the loss of cash and securities held by a customer at Apex, which is a SIPC-member brokerage firm. The limit of SIPC protection is $500,000, which includes a $250,000 limit for cash. Learn more at SIPC – What SIPC Protects


1 Comment. Leave new

  • Kirk Barrett
    May 11, 2023 11:25 pm

    When a customer deposits a certain amount with Save (say $10,000), how much is added to the investment account? And when is it added?


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