Custodial Account
The Business Custody Accounts (DCA) are for entities looking to hold US treasuries, FDIC-insured balances up to $2.75M, or other securities in an investment portfolio in custody with a fiduciary that will follow instructions rather than pitch investment ideas.
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FAQ's
Answers to common questions
What is Medici Bank?
Medici Bank is a fully licensed deposit-taking financial institution based in the USA. The bank was founded in 2016 and received our bank license in 2017. After being acquired in 2019, Medici Bank relaunched in 2020 and offers business accounts and consumer time deposits (CDs).
Is Medici Bank a regulated Institution?
Who handles compliance?
Are the deposits insured?
What are the bank's hours of operation?