Old version
August 4, 2026 00:31 UTC
b4fe798c5dba00f87d78f1c30c38e31de46132d52c794955864030db2098834b
CA-V-005493
New version
August 5, 2026 00:28 UTC
0316877a51eed0aad2f3914673a2e9a4854c4b7140aa43aeb091f2d59b4f0d2f
CA-V-005523
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Change Summary
Acorns revised its FDIC insurance disclosures for Acorns Checking accounts. Previously, the policy stated that Acorns Checking itself was not FDIC-insured but that balances were insured up to $250,000 per depositor through partner banks. The updated language clarifies that all balances held with Lincoln Savings Bank or nbkc bank, including those in Acorns Checking accounts, are insured up to $250,000 per depositor, and adds that jointly owned funds receive separate $250,000 coverage per owner. The policy also expanded the ATM network description from generic language to specify "over 55,000 fee-free ATMs" and reorganized fee disclosure language.
low severity
1 Sentences added
0 Sentences removed
4 Sentences modified
346 Sentences before
347 Sentences after
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317Acorns Checking clients are not charged overdraft fees, maintenance fees, or ATM fees for cash withdrawals from within the AllPoint Network ATMs. Please see your Acorns Subscription Center or Account Statements for a description of the fees you pay to Acorns for its services.317Acorns Checking clients are not charged overdraft fees, maintenance fees, or ATM fees for cash withdrawals from over 55,000 fee-free ATMs within the AllPoint Network.
318Any balances you hold in Acorns Checking Account(s) are added together and are insured up to $250,000 per depositor through Lincoln Savings Bank or nbkc bank, Members FDIC.318Please see your Acorns Subscription Center or Account Statements for a description of the fees you pay to Acorns for its services.
319Acorns Checking is not FDIC-insured.319Any balances you hold with Lincoln Savings Bank or nbkc bank, including but not limited to those balances held in Acorns Checking accounts are added together and are insured up to $250,000 per depositor through Lincoln Savings Bank or nbkc bank, Members FDIC.
320FDIC insurance only covers the failure of an insured bank.Lincoln Savings Bank or nbkc bank utilizes a deposit network service, which means that at any given time, all, none, or a portion of the funds in your Acorns Checking accounts may be placed into and held beneficially in your name at other depository institutions which are insured by the Federal Deposit Insurance Corporation (FDIC).320If you have funds jointly owned, these funds would be separately insured for up to $250,000 for each joint account owner.
321Lincoln Savings Bank or nbkc bank utilizes a deposit network service, which means that at any given time, all, none, or a portion of the funds in your Acorns Checking accounts may be placed into and held beneficially in your name at other depository institutions which are insured by the Federal Deposit Insurance Corporation (FDIC).
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