Funds in your Coba Deposit Account are insured by the FDIC (Federal Deposit Insurance Corporation) through our sponsor bank, Bangor Savings Bank, Member FDIC, up to the legal limit of $250,000 USD.
* Coba is a financial technology company, not an FDIC insured depository institution. Banking services provided by Bangor Savings Bank, Member FDIC. FDIC insurance coverage protects against the failure of an FDIC insured depository institution. Pass-through FDIC insurance coverage is subject to certain conditions.