Qapital: who holds your money
Qapital, LLC
Qapital is not a bank. Qapital says customer money is held at Lincoln Savings Bank, 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.
Qapital is not a chartered bank, and customer money sits at Lincoln Savings Bank, which has letter C among similar-size banks on this site. Deposit insurance comes through Lincoln Savings Bank and can cover each Qapital customer separately, provided Qapital’s records identify each customer. The stated limit is $250,000 per depositor, per insured bank, for each account ownership category, with that recordkeeping condition. Qapital’s disclosure was read on September 5, 2026.
Partner banks
- Lincoln Savings BankFDIC #14207 · program bank23.5%above the insured limitC20.6
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
Qapital is a fintech company, not an FDIC-insured bank. Checking account provided by Lincoln Savings Bank, Member FDIC. Debit card issued by Lincoln Savings Bank, Member FDIC. Deposit insurance covers the failure of an insured bank.
www.qapital.com · as of September 5, 2026