Yes, WorkMade accounts* are offered by Piermont Bank; Member FDIC. The funds in your account are FDIC-insured up to $250,000 per depositor for each account ownership category.
Rest Assured
At WorkMade, we prioritize the security of your funds. By partnering with Piermont Bank, we ensure that your money is protected and secure.
*WorkMade is a financial technology company, not a bank. Banking services are provided by Piermont Bank, Member FDIC. The WorkMade Mastercard® Debit Card is issued by Piermont Bank pursuant to a license from Mastercard Inc. and may be used everywhere Mastercard debit cards are accepted.