Parker Banking Services*

‍^{*Parker is a financial technology company, not a bank. Banking Services provided by Piermont Bank, N.A. Member FDIC. The funds in your account are FDIC-insured up to $250,000 per depositor for each account ownership category.}

‍<sup>**Your operating account may be eligible for increased FDIC insurance coverage through an IntraFi service, please refer to your deposit account agreements and Parker dashboard for further details. Deposit placement through an IntraFi service is subject to the terms, conditions, and disclosures in applicable agreements. Deposits that are placed through an IntraFi service at FDIC-insured banks in IntraFi’s network are eligible for FDIC deposit insurance coverage at the network banks. The depositor may exclude banks from eligibility to receive its funds. To meet the conditions for pass-through FDIC deposit insurance, deposit accounts at FDIC-insured banks in IntraFi’s network that hold deposits placed using an IntraFi service are titled, and deposit account records are maintained, in accordance with FDIC regulations for pass-through coverage. Although deposits are placed in increments that do not exceed the FDIC standard maximum deposit insurance amount (“SMDIA”) at any one bank, a depositor’s balances at the institution that places deposits may be uninsured. The depositor must make any necessary arrangements to protect such balances consistent with applicable law and must determine whether placement through an IntraFi service satisfies any restrictions on its deposits. IntraFi, ICS, and IntraFi Cash Service are registered service marks of IntraFi LLC.

***Based on federal funds rate of 4.83% as of 10/17/2024. Annual Percentage Yield subject to change and subject to other limitations, such as amount of deposits held, financial information provided, future changes in the federal funds rate, any promotional programs and/or other items.</sup>

^{****This offer is only valid for new customers that sign up for a deposit product and deposits at least $5,000.}