FDIC Insurance Protection

In plain English: Bank deposits through their program get FDIC insurance protection up to standard limits.

“You acknowledge that bank deposits purchased through Morgan Stanley at the Federal Deposit Insurance Corporation (" FDIC ") member institutions (including, for example, savings deposits, Bank Deposit Program (" BDP ," as defined in the BDP Disclosure Statement) deposits, certificates of deposit, and...”

VERIFIED

This is an exact, word-for-word quote from E*TRADE from Morgan Stanley's Terms of Service.

Verified on May 1, 2026.

View full proof →

Rate it (1 amazing → 10 crazy):

Anonymous · Privacy

Ratings and severity levels reflect community and AI assessment, not legal advice or factual determinations. Always refer to the original Terms of Service for authoritative terms.

See all clauses from E*TRADE from Morgan Stanley or browse all providers