Voya Financial Advisors Insured Bank Deposit Account

Features, Rates and Disclosures

The Voya Financial Advisors Insured Bank Deposit Account, a multi-bank, Federal Deposit Insurance Corporation (FDIC) insured bank deposit program, will serve as the default cash sweep option for brokerage and advisory accounts administered by Pershing, LLC.

Rate Schedule

The Voya Financial Advisors Insured Bank Deposit Account, a multi-bank, Federal Deposit Insurance Corporation (FDIC) insured bank deposit program, will serve as the default cash sweep option for brokerage and advisory accounts administered by Pershing, LLC.

The Voya Financial Advisors Insured Bank Deposit Account offers:

  • A cash management solution that helps balance returns, safety and liquidity.
  • $2.5 million in FDIC coverage per customer.
  • Convenient sweep feature when assets are not invested in brokerage or advisory investments.
  • Ability to exclude specific banks from the bank priority list applicable to the customer’s account.
Account Amount Rate
Qualified Account
(Ticker: VIBR)		 $24,999.99 or Less 2.75%
$25,000.00 – $49,999.99 2.75%
$50,000.00 – $99,999.99 2.75%
$100,000.00 – $149,999.99

2.75%
$150,000.00 – $249,999.99 2.75%
$250,000.00 – $299,999.99 2.75%
$300,000.00 – $499,999.99 2.75%
$500,000.00 – $999,999.99 2.75%
$1,000,000.00 – 4,999,999.99 2.75%
$5,000,000 or Greater 2.75%
Non-Qualified Account
(Ticker VIBD)		 $24,999.99 or Less 2.75%
$25,000.00 – $49,999.99 2.75%
$50,000.00 – $99,999.99 2.75%
$100,000.00 – $149,999.99 2.75%
$150,000.00 – $249,999.99 2.75%
$250,000.00 – $299,999.99 2.75%
$300,000.00 – $499,999.99 2.75%
$500,000.00 – $999,999.99 2.75%
$1,000,000.00 – 4,999,999.99 2.75%
$5,000,000 or Greater 2.75%

Bank Priority List

Voya Financial Advisors and Pershing, LLC, use the following banks to deposit assets in the Voya Financial Advisors Insured Bank Deposit program.

Priority Alabama, Arkansas, Iowa, Kansas, Kentucky, Louisiana, Mississippi, Missouri, Nebraska, Oklahoma, Tennessee Illinois, Indiana, Michigan, Ohio, Wisconsin Delaware, Maryland, New Jersey, Pennsylvania, District of Columbia Alaska, Colorado, Idaho, Minnesota, Montana, North Dakota, Oregon, South Dakota, Washington, Wyoming
1 PNC Bank, National Association American Express National Bank PNC Bank, National Association Morgan Stanley Private Bank, National Association
2 Morgan Stanley Private Bank, National Association PNC Bank, National Association Barclays Bank Delaware PNC Bank, National Association
3 The Bank of East Asia, Limited Western Alliance Bank Western Alliance Bank Bank of New Hampshire
4 Bank of New Hampshire Barclays Bank Delaware Bremer Bank, National Association Barclays Bank Delaware
5 United Community Bank Bremer Bank, National Association Citibank, National Association The Bank of East Asia, Limited
6 Sandy Spring Bank United Community Bank United Community Bank United Community Bank
7

Barclays Bank Delaware

 Bank of New Hampshire Bank of New Hampshire Bremer Bank, National Association
8 Western Alliance Bank Morgan Stanley Private Bank, National Association The Bank of East Asia, Limited Sandy Spring Bank
9 EagleBank UBS Bank USA Sandy Spring Bank American Express National Bank
10 Enterprise Bank & Trust EagleBank American Express National Bank Enterprise Bank & Trust
11 Union Bank & Trust Company Citibank, National Association Union Bank & Trust Company UBS Bank USA
12 UBS Bank USA Enterprise Bank & Trust EagleBank EagleBank
13 Citibank, National Association Union Bank & Trust Company UBS Bank USA Union Bank & Trust Company
14 American Express National Bank Sandy Spring Bank Morgan Stanley Private Bank, National Association Citibank, National Association
15 Bremer Bank, National Association The Bank of East Asia, Limited Enterprise Bank & Trust Western Alliance Bank

Excess Bank List
1 Truist Bank Truist Bank Truist Bank Truist Bank
2 Citibank, N.A. Citibank, N.A. Citibank, N.A. Citibank, N.A.
Priority Connecticut, Maine, Massachusetts, New Hampshire, New York, Rhode Island, Vermont Florida, Georgia, North Carolina, South Carolina, Virginia, West Virginia Arizona, Nevada, New Mexico, Texas, Utah California, Hawaii, U.S. territories
1 Morgan Stanley Private Bank, National Association Morgan Stanley Private Bank, National Association American Express National Bank American Express National Bank
2 American Express National Bank American Express National Bank PNC Bank, National Association PNC Bank, National Association
3 PNC Bank, National Association PNC Bank, National Association Barclays Bank Delaware Bremer Bank, National Association
4 Western Alliance Bank Western Alliance Bank Bremer Bank, National Association The Bank of East Asia, Limited
5 Bremer Bank, National Association Bank of New Hampshire The Bank of East Asia, Limited Bank of New Hampshire
6 United Community Bank Barclays Bank Delaware Western Alliance Bank Western Alliance Bank
7 The Bank of East Asia, Limited Bremer Bank, National Association Bank of New Hampshire Sandy Spring Bank
8 Bank of New Hampshire The Bank of East Asia, Limited Sandy Spring Bank United Community Bank
9 Union Bank & Trust Company United Community Bank United Community Bank EagleBank
10 Sandy Spring Bank Sandy Spring Bank Citibank, National Association Enterprise Bank & Trust
11 UBS Bank USA Enterprise Bank & Trust EagleBank Citibank, National Association
12 Citibank, National Association UBS Bank USA Morgan Stanley Private Bank, National Association Morgan Stanley Private Bank, National Association
13 Enterprise Bank & Trust Union Bank & Trust Company Enterprise Bank & Trust Union Bank & Trust Company
14 Barclays Bank Delaware Citibank, National Association UBS Bank USA UBS Bank USA
15 EagleBank EagleBank Union Bank & Trust Company Barclays Bank Delaware

Excess Bank List
1 Truist Bank Truist Bank Truist Bank Truist Bank
2 Citibank, N.A. Citibank, N.A. Citibank, N.A. Citibank, N.A.
Priority Business All
1 PNC Bank, National Association
2 Bremer Bank, National Association
3 Bank of New Hampshire
4 Barclays Bank Delaware
5 The Bank of East Asia, Limited
6 United Community Bank
7 Sandy Spring Bank
8 EagleBank
9 Enterprise Bank & Trust
10 Citibank, National Association
11 Western Alliance Bank
12 Union Bank & Trust Company
Excess Bank List
1 Truist Bank
2 Citibank, N.A.

Please view the Voya Financial Advisors Insured Bank Deposit Account Disclosure Booklet for all accounts.