Piermont Bank is Eco’s banking partner for U.S. Dollar accounts.
When you deposit into Eco, your funds are held in an account at Piermont Bank that qualifies for FDIC insurance coverage up to $250,000.
Working with Piermont Bank allows us to provide you with access to FDIC insurance by default, and a dedicated account and routing number to use with other Eco App features (such as Bill Pay and Payroll).
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