Protect your funds
Mercury Vault protects your cash with up to $5M in FDIC insurance through our partner banks and sweep networks1 — and by prompting movement of funds above the FDIC-insured amount into Mercury Treasury.
How you can keep your funds safe with Mercury Vault
Access up to $5M in FDIC insurance for checking and savings
Security beyond any FDIC insurance amount
Secure and scale your cash by investing in lower risk, highly liquid mutual funds — including a conservative Vanguard money market fund that is 99.5% invested in US government-backed securities.
Get up to $5M in FDIC insurance
Through our partner banks and their sweep networks, your deposits are spread across a network of trusted banks without requiring you to open and manage separate bank accounts.
Proactively manage your risk
Automatically enabled on every Mercury account, Mercury Vault constantly monitors your cash to keep every dollar safe by suggesting actions to protect uninsured funds.
When you have questions, we have answersSee full FAQ
- Ensuring the FDIC insurance coverage on your checking and savings accounts up to $5M — 20x the standard per bank limit — through our partner banks and sweep networks1. This is enabled on every new Mercury account by default, and for existing users, Vault will prompt you to opt into the sweep networks if you haven’t already.
- Investing uninsured cash into a Mercury Treasury* money market fund, consisting of 99.5% investments in US government-backed securities, for additional safeguarding.
- They maintain a detailed record of each Treasury customer’s holdings and are prohibited from using any of these funds or securities for its own purposes — or from commingling them with its own customers’ holdings.
- They are regulated by the SEC and FINRA.
- They are regularly audited and must publish its financial statements to the public.
- They are required to keep excess capital on hand to ensure customer deposits are protected.
Mercury Advisory, LLC (the “Firm”) is an investment management firm that offers a wrap fee program that allows small businesses to invest idle cash in relatively low-risk, short-term instruments. Please see the ADV Wrap Fee Brochure for further information regarding fees and conflicts.
The performance discussed herein is historic and reflects an investment for a limited period of time. It should not be assumed that future investors would experience returns, if any, comparable to those illustrated herein. Past performance is not indicative of future returns. Investment results will fluctuate. Returns are not guaranteed. All investments are subject to the risk of loss, including the loss of principal. No representation is being made that an investment account has, will, or is likely to achieve profits or losses equal to the profits or losses shown. Actual returns will vary greatly and depend on personal and market conditions. Before investing, consider your financial goals and the costs of using the program.
Furthermore, the information set forth has been obtained from sources that the Firm believes to be reliable; however, these sources cannot be guaranteed as to their accuracy or completeness. The information contained herein is not, and should not be construed as, an offer to sell or the solicitation of an offer to buy any securities. The information has been prepared solely for the purpose of determining your level of interest in Mercury Treasury and to provide general background information on such algorithmic investment program.
Examples of forward-looking statements include, but are not limited to, estimates with respect to financial condition, results of operations, and success or lack of success of the depicted investment strategy. All are subject to various factors, including, but not limited to general and local economic conditions, changing levels of competition within certain industries and markets, changes in interest rates, changes in legislation or regulation, and other economic, competitive, governmental, regulatory and technological factors affecting operations that could cause actual results to differ materially from projected results.
Targeted returns (e.g., forward-looking statements of performance up to a stated return) reflects the returns that the Firm is seeking to achieve over a particular period of time. Projected returns reflect the Firm’s performance estimate – i.e., the returns that the Firm believes can be achieved using the advertised investment services. Target returns are presented to inform clients or potential clients about the Firm’s risk tolerances when managing the Mercury Treasury strategy and to provide information useful to a client or potential client when assessing how the Firm’s strategy fits within the investor’s overall portfolio. Target returns are not guarantees or promises of future return.
Mercury Treasury is not insured by the FDIC. Mercury Treasury are not deposits or other obligations of Choice Financial Group or Evolve Bank & Trust, and are not guaranteed by Choice Financial Group or Evolve Bank & Trust. Mercury Treasury products are subject to investment risks, including possible loss of the principal invested.