Revolut US: who holds your money
Revolut US is not a bank. Revolut US says customer money is held at Cross River 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.
Revolut US is not a chartered bank, and customer money sits at Cross River Bank, graded letter C on this site. FDIC insurance, federal protection for eligible deposits, passes through the bank when Revolut US records identify each customer. Coverage is $250,000 per depositor, per insured bank, for each account ownership category, subject to that recordkeeping. Revolut US provided this information as of September 5, 2026.
Partner banks
- Cross River BankFDIC #58410 · program bank33.3%above the insured limitC47.2
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
Revolut is not a bank. Savings account services provided by Cross River Bank, Member FDIC, insured up to $250,000.
www.revolut.com · as of September 5, 2026
Live page returns HTTP 403 to non-browser clients; text read from the Wayback Machine snapshot of this URL (2026-08/09). The monthly check will report a fetch error rather than a change until the block lifts.