With a single, convenient login, Raisin customers have access to savings products offered by a nationwide network of banks. There’s one signup process. If you add more banks’ products to your portfolio, there are no additional verifications or lengthy applications.
Each bank that partners with Raisin is an FDIC member bank. What does this mean? You can rest assured that your savings are protected thanks to federal deposit insurance coverage up to the applicable legal limits. For individual savings accounts, that’s $250,000.
For many of our partner banks, their savings products are only available to a national audience through Raisin.
The banks offering savings products through Raisin also have their communities in mind. These banks give back in a host of ways, such as by helping build homes, fund education initiatives, and focus on lifting up underbanked individuals.