Are my funds insured?
Your GalaxyOne accounts are protected in the following ways:
GalaxyOne Cash
FDIC insured up to $250,000 through Cross River Bank, Member FDIC.
GalaxyOne Brokerage
SIPC insured through DriveWealth up to $500,000, including up to $250,000 for cash claims.
Premium Yield
Premium Yield does not carry FDIC or SIPC insurance. Repayment of principal and yield is guaranteed solely by Galaxy under the terms of the Private Placement Memorandum (PPM).