*Rates and restrictions are subject to change. Please contact T. Mann Financial before opening an account or making an investment.
KEEP Account Overview
Oregon KEEP Savings Accounts could potentially help Oregonians insure deposits over $250,000.
High Federal Deposit Insurance Limit
T. Mann Financial can help you gain access to up to $100 Million in FDIC Insurance (per Tax ID)
FDIC Insurance limits traditional accounts like checking and savings accounts are limited to just $250,000 per tax ID.
How is the limit so high?
One of our affiliates, StoneCastle, grants us the opportunity to provide our clients with a high-yield federally insured cash account. The deposits are spread across hundreds of network banks and credit unions, and are easily accessible through a 24/7 online access dashboard.
Why the Interest Rate Matters: The Power of Compounding
The National Average
The current national average APY for a savings account is 0.39%, according to the FDIC as of March 16th, 2026.
Please check the FDIC site here for the most up-to-date average national rate information.
KEEP Accounts via T. Mann Financial
KEEP Account via T. Mann Financial is currently yielding an APY of 3.25% for deposits up to $1,000,000 as of Feb. 1, 2026.
Deposits over $1,000,000 will have a blended rate.
Rates change frequently, please check here for the most up-to-date information.
How to open a KEEP Account
Take the first steps to opening a high-yield savings account.
How to Open a KEEP Account in Oregon through T. Mann Financial
Step 1. Reach out to T. Mann Financial and start your application
Step 2. Deposit your funds
Move funds subject to program terms and conditions (see disclosures below)
Your Online Dashboard
Gain access to a 24/7 application that allows you to access account information through an online dashboard.
Take the Next Step with T. Mann Financial
KEEP Examples for Oregon Residents
T. Mann Financial can help advise Oregon Residents on when a KEEP Account should be used.
Ways Oregon Residents May Use a KEEP Account
Away from Home
Extended FDIC coverage may provide peace of mind for larger cash balances.
A KEEP Account can be used to keep up to $100 million safe in the event of a disaster, or if you are unable to manage your money with a watchful eye.
Surplus of Cash
If you're in a position where you have more cash than you can manage, use a KEEP Account!
Banking Crisis
Protect more of your money in the event of a banking crisis or banking failure.
A Banking Crisis Example
Imagine an Oregon homeowner named Jake who sells his Eugene home for $1,000,000 and deposits the full amount into a single local bank. If that bank were to fail, only $250,000 would be immediately protected under standard FDIC insurance. The remaining $750,000 would become an unsecured claim against the failed bank. While depositors often recover additional funds over time as the FDIC sells off failed bank assets, recovery timing and amounts are not guaranteed. Jake could have considered spreading his deposits across multiple insured institutions, whether directly or through a program like KEEP.
Since the FDIC was founded in 1933, no depositor has lost a penny of FDIC-insured funds. However, deposits above the insurance limit are not protected. Source: FDIC Understanding Deposit Insurance"
Jake's $1,000,000 investment during a bank failure illustrated
When could Oregon Residents benefit from using a KEEP Account
KEEP Accounts currently offer an APY above the FDIC national average (see rate section).
Considerations Before Opening a KEEP Account
While extended FDIC coverage through a KEEP Account can be useful for certain situations, there are trade-offs to understand:
-
Variable rate: The APY can change at any time at the program banks' discretion and is not guaranteed.
-
Withdrawal limits: ACH withdrawals are capped at $100,000 daily and $250,000 every 30 days per account. Wire withdrawals have no daily or monthly limits but may incur fees.
-
Next-day liquidity: Funds are typically available the next business day, subject to a 3:00 PM ET cut-off. Same-day liquidity is not available.
-
KEEP itself is not FDIC-insured: Coverage comes through pass-through insurance at network banks. StoneCastle is the program administrator, not a bank.
-
Not a substitute for long-term investing: Cash accounts typically underperform diversified investment portfolios over long time horizons and are subject to inflation risk.
-
Other alternatives may fit your needs: Treasury bills, money market funds, and laddered CDs may offer comparable or different benefits depending on your situation.
KEEP Disclosure
KEEP is the brand name for StoneCastle’s Federally Insured Cash Account (FICA), offered to depositors through advisor relationships. In certain documents, like the program’s Terms & Conditions, the FICA name will continue to be referenced intentionally for legal and programmatic clarity.
StoneCastle Network, LLC is the program administrator for KEEP, which is designed to satisfy the requirements of the Federal Deposit Insurance Corporation (“FDIC”) and the National Credit Union Administration (“NCUA”) for pass-through deposit insurance coverage. Subject to certain regulatory requirements, pass-through deposit insurance is available for funds deposited with KEEP participating banks, savings institutions, or credit unions insured by the FDIC or the National Credit Union Share Insurance Fund (“NCUSIF”) for up to the standard maximum deposit insurance amount (referred to as “SMDIA”), which is currently $250,000 per eligible depositor, per institution, for each ownership capacity or category. If you have funds placed in a separate depository account at a bank, savings institution, or credit union that also participates in KEEP, such funds may be subject to certain regulatory aggregation rules. Please visit Depository Institutions for a list of all insured depository institutions that are part of the deposit network of StoneCastle.
StoneCastle is not a bank, savings institution, or credit union and KEEP is not, itself, an FDIC-insured or NCUSIF-insured product. FDIC and NCUSIF insurance coverage does not protect a depositor against the failure of StoneCastle or its affiliates and subsidiaries. The FDIC and NCUA are independent agencies of the U.S. government that protect the funds depositors place in FDIC- and NCUSIF-insured depository institutions. FDIC and NCUSIF deposit insurance is backed by the full faith and credit of the U.S. government.
Funds may be submitted for deposit with KEEP only after a depositor enters into a written KEEP program agreement with StoneCastle. The KEEP program agreement contains important information and terms and conditions regarding the depositing of funds and the program services provided by StoneCastle, which are solely provided to customers subject to the terms and conditions of the KEEP program agreement.
StoneCastle provides no representations or warranties, express or implied, except as expressly set forth in the KEEP program agreement.Minimum initial deposit subject to change. After initial deposit requirements have been met, deposit balances, as the result of withdrawals/transfers, may go below there quired minimum initial deposit.
1 APY is effective as of and is earned on the first $1 million.Accounts with deposits between $1 million and $100 million will earn a blended rate.Please con-tact your financial advisor to determine blended rate. Current yield and maximum de-posit insurance coverage is indicative for KEEP and may be lower or higher than what is stated due to changes in market or business conditions. Please contact your financial advisor for the most current yield and maximum deposit insurance cov erage as they may have changed since the date of this fact sheet. KEEP yield is the APY (annual percentage yield) based on APR (annual percentage rate) for the period indicated as reported by StoneCastle. The Annual Percentage Yield (APY) paid by program banks is subject to change at any time at the program banks’ discretion.
2 FDIC.gov, National rate is calculated based on the simple average of rates paid.
3 Liquidity is ordinarily available on a next business day basis. Same day deposit credit and next day liquidity withdrawals are subject to a 3:00 PM ET cut-off. Daily and monthly ACH withdrawal limits per account apply ($100,000 daily and $250,000 every30 days). There is no daily or monthly limit on wire withdrawals. Please carefully read the current FICA Program Terms and Conditions for more complete information and the governing terms of the account. This can be found at stonecastle.keepcash.com.
4 Depository institutions is used as an inclusive term to collectively represent banks,savings institutions and credit unions. KEEP by StoneCastle® is a registered trademark of StoneCastle Cash Management,LLC. FICA® is a registered trademark of StoneCastle Cash Management, LLC.