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Are PEX accounts FDIC insured?
Funds in your PEX account are FDIC-insured up to $250,000 per depositor through PEX’s bank partners, The Bancorp Bank, N.A. and Fifth Third Bank, N.A.
The funds in your PEX account are insured by the FDIC in the event of bank failure, up to $250,000 per depositor, through PEX’s bank partners, The Bancorp Bank, N.A. and Fifth Third Bank, N.A.
Last modified on April 23, 2026