Who owns Always.bank?
Is Always.bank a licensed bank?
Yes — it holds its own banking license. License detail: FDIC-insured national bank charter (22nd State Banking Company).
Where is your money held?
Custody model: Custodial — on Always.bank's own balance sheet as a licensed bank.
No sponsor bank or infrastructure provider is publicly documented for Always.bank yet. Know one? Suggest it.
Is my money safe with Always.bank?
As a licensed bank, eligible deposits at Always.bank are typically protected by the local deposit-guarantee scheme up to the statutory limit (for example FDIC in the US, FSCS in the UK, or the €100,000 EU scheme). Confirm the exact scheme and limit for your country.
Figures compiled from public sources, for comparison only — not financial advice. "Up to" rates change constantly; always confirm with the issuer. Spotted an error? Suggest a fix.