Cash Account Deposit Network
Last Updated January 2024
List of Participating Banks for M1 High Yield Cash Account Sweep Program
Barrington Bank & Trust Company, N.A.
Beverly Bank & Trust Company, N.A.
Crystal Lake Bank & Trust Company, N.A.
Hinsdale Bank & Trust Company, N.A.
Lake Forest Bank & Trust Company, N.A.
Libertyville Bank & Trust Company, N.A.
Northbrook Bank & Trust Company, N.A.
Old Plank Trail Community Bank, N.A.
Schaumburg Bank & Trust Company, N.A.
St. Charles Bank & Trust Company, N.A.
M1 High-Yield Cash Accounts are offered by M1 Finance, LLC, an SEC registered broker-dealer, Member FINRA / SIPC. M1 is not a bank and M1 High-Yield Cash Accounts are not a checking or savings account. Funds held in your brokerage account are not FDIC insured but are protected by SIPC. Participating cash balances will be eligible for FDIC insurance once funds are conveyed to partner banks who accept and maintain deposits and provide FDIC insurance.