Yes. The spendwell Bank Account is a demand deposit account established by Pathward, National Association fka MetaBank, Member FDIC. When we receive the funds that you deposit to your spendwell Bank Account, the funds are insured by the Federal Deposit Insurance Corporation (“FDIC”), subject to applicable limitations and restrictions of such insurance. Add Funds transfers will not be FDIC-insured until we receive the funds, even if we make the funds available to you prior to receipt as described in the spendwellTM Cash Back Bank Account Deposit Account Agreement and the spendwellTM No Monthly Fee Bank Account Deposit Account Agreement.