Starting this month, Trolley now offers FDIC-insured accounts for all US-based customers who are onboarded onto our new bank partner setup with Cross River Bank (CRB).
If that’s the case, your Trolley balance, up to USD 250,000, is insured by the Federal Deposit Insurance Corporation (FDIC). That means your funds are protected, even if the bank that holds them encounters problems.
FDIC coverage is automatically applied to all eligible US-based accounts. No additional setup is required.
What we cover
Wait, what is FDIC insurance, exactly?
The FDIC is a US government agency created in 1933 to protect depositors when banks run into trouble. Think of it as a safety net beneath the high wire of modern finance: if the wire shakes, your money doesn’t fall.
Here’s the key point for us today: all deposits to a Trolley CRB-managed account by US-based customers (up to USD 250,000 per account) are automatically insured. That’s the FDIC’s guarantee. Those insured funds are backed by the full faith and credit of the United States government.
And because many of our customers move larger volumes of cash through Trolley, it’s equally important to know that for balances above USD 250,000 (that is not FDIC insured), those funds remain held by CRB, which maintains its own liquidity reserves and operates under federal banking regulations.
Between that oversight and FDIC insurance, your Trolley account sits within a financial ecosystem built for both innovation and security—a balance we take seriously.
Part of a stronger financial foundation
This update builds on other recent enhancements designed to strengthen the financial foundation of Trolley accounts, from expanded verification to improved fraud detection. Together, they create a system where every dollar moves through layers of security and transparency.
Honestly, we see this as more than compliance; it’s about peace of mind. Whether you’re a CFO overseeing payouts or a platform operator managing creator earnings, it helps to know your funds are protected at every step.
As more companies move to internet-first platforms to manage payouts, treasury operations, and vendor payments, trust and financial stability matter more than ever.
Adding FDIC insurance is another way we make trust tangible and improve the PayoutOps experience—combining the innovation of a tech-first platform with the safeguards of traditional banking.
Your funds are secure, your operations uninterrupted, and your trust well-placed in Trolley and our partners.
Questions about your banking partner or account setup?
If you’d like to learn more about how our new FDIC-insured accounts work or discuss your company’s banking setup, our team is here to help.
Current customers: Contact Customer Success
New to Trolley? Talk to Sales
Whether you’re managing payouts for thousands of recipients or just getting started, we’ll help you find the setup that fits your business best.
