About FDIC membership

Optum Bank is a member of the Federal Deposit Insurance Corp (FDIC) in order to keep the funds in your HSA deposit account safe.

That means the FDIC will cover the funds in your deposit account up to $250,000 in the unlikely event Optum Bank goes out of business. The insurance premiums companies like Optum Bank pay are used to cover consumers' deposits when a bank fails.

Purpose of the FDIC

The FDIC is an independent agency Congress created to help maintain stability and public confidence in the nation's financial system. In addition to insuring your deposits, it monitors financial institutions to make sure consumers are protected.


Have more than $250,000 in your deposit account?
 Find out how much is FDIC-insured


National banks are required to have FDIC insurance, but others don't. You can look up any bank on the FDIC website to find out if it is insured and review its history.
 Look up a bank