Bluevine: who holds your money

Bluevine's disclosure, read on September 5, 2026, describes FDIC pass-through coverage, deposit insurance through partner banks. Coverage depends on customer identification and recordkeeping. It protects eligible deposits when a partner bank closes, not the app company itself. An app closure does not trigger that protection. The visible disclosure and notes provide the programme’s specific conditions.

Current commentary

Bluevine is not a chartered bank, and customer money sits at Coastal Community Bank, which has letter C on this site. Federal deposit insurance reaches customers through the bank, provided Bluevine’s records identify each customer. The stated limit is $250,000 per depositor, per insured bank, for each account ownership category. This reflects Bluevine’s disclosure read on September 5, 2026.