Lili: who holds your money
Lili is not a bank. Lili says customer money is held at Sunrise Banks, National Association, with insurance reaching customers as pass-through FDIC insurance at the partner bank, subject to the app's recordkeeping. We read this information in the app's own public disclosure on September 5, 2026, and this page quotes that disclosure below. You can check each partner bank's own page on this site.
Lili is not a bank, and customer money sits at Sunrise Banks, National Association, graded B among banks of similar size on this site. FDIC insurance reaches the money through Sunrise Banks, National Association, provided Lili’s records identify each customer. The stated limit is $250,000 per depositor, per insured bank, for each account ownership category. This description reflects Lili’s disclosure read on September 5, 2026.
Partner banks
- Sunrise Banks, National AssociationFDIC #18561 · program bank15.3%above the insured limitB51.1
The figure is the share of total bank deposits above the $250,000 federal insurance limit, reported quarterly to the FDIC. High shares are normal for banks holding large app program balances. They do not mean your balance is uninsured: pass-through insurance usually covers customers individually at the partner bank. Across US banks in 2022 to 2026, those above roughly 36% saw large quarterly total deposit declines more often than those below. Most banks above that level saw no such fall. This measures deposit movement and does not predict trouble for any bank.
Disclosure
Lili is a financial technology company, not a bank. Banking services are provided by Sunrise Banks, N.A., Member FDIC
lili.co · as of September 5, 2026
Lili's sweep network for balances above $250,000 is not named on the page; only Sunrise Banks is recorded.