FICA Account Overview
Oregon FICA 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.
High Variable Interest for Oregon Residents
The National Average
The current national average APY for a savings account is 0.40%, according to the FDIC as of Sept 24th, 2025.
Please check the FDIC site here for the most up-to-date average national rate information.
FICA Accounts via T. Mann Financial
FICA Account via T. Mann Financial is currently yielding an APY of 3.50% for deposits up to $1,000,000 as of Oct. 30, 2025.
Deposits over $1,000,000 will have a blended rate.
Rates change frequently, please check here for the most up-to-date information.
Example Illustration
Why does the interest rate matter? Answer: Compounding Interest
For example: At an account size of $1 million, an account yielding 4.5% APY will earn $568,268 in ten years; whereas the same account yielding 0.42% APY will earn $42,894. Please note rates vary, this example is simply for illustrative purposes only.
How to open a FICA Account
Take the first steps to opening a high-yield savings account.
How to Open a FICA Account in Oregon through T. Mann Financial
Step 1. Reach out to T. Mann Financial and start your application
Step 2. Deposit your funds
Easily move money in-and-out of your account.
Your Online Dashboard
Gain access to a 24/7 application that allows you to manage and monitor your funds seamlessly.
Start Benefiting from a FICA Account today!
FICA Examples for Oregon Residents
T. Mann Financial can help advise Oregon Residents on when a FICA Account should be used.
Capitalize on your FICA Account!
Away from Home
Spend less time worrying about your money by having up to $100 million being insured.
A FICA 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 FICA Account!
Banking Crisis
Protect more of your money in the event of a banking crisis or banking failure.
A Banking Crisis Example
Imagine a professor at the University of Oregon named Jake who has an opportunity to go on a sabbatical in Europe for a year. This is convenient because he was hoping to downsize his home in Eugene and decided to sell before he left for and then will purchase a smaller one when he returns.
Jake puts all of the $1,000,000 proceeds of the sale into a local bank. Six months go by, and Jake was shocked to learn that his bank collapsed and is left with a quarter of his money.
Jake could have avoided this problem by using an Oregon FICA Savings Account to insure deposits over $250,000 safely in his bank.
Jake's $1,000,000 investment during a bank failure illustrated
When could Oregon Residents benefit from using a FICA Account
Through T. Mann Financial, gain a much higher APY than your standard savings account, and insure a substantial amount of your money as well.
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 intentionallyfor legal and programmatic clarity.
StoneCastle Network, LLC is the program administrator for KEEP, which is designedto 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. Pleasevisit Depository Institutions for a list of all insured depository institutions that are partof 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 awritten KEEP program agreement with StoneCastle. The KEEP program agreementcontains important information and terms and conditions regarding the depositingof funds and the program services provided by StoneCastle, which are solely providedto 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 havebeen met, deposit balances, as the result of withdrawals/transfers, may go below therequired 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 andmaximum 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 finan-cial advisor for the most current yield and maximum depositinsurance 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) forthe 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 readthe current FICA Program Terms and Conditions for more complete information andthe 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.
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As of 2023, Oregon has a state Capital Gains Tax (CGT) up to 9.9%
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Generally, short-term CGT can range from 10% to 37% depending on income, and long-term CGT can range from 0% to 20%, also depending on income
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This can combine together to be a sizable portion taken off of your stock option after selling, which is why it is important to recognize the timing and conditions of sale
Section 1202
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Section 1202 of the Internal Revenue Code allows holders of Qualified Small Business Stock (QSBS) to exclude 50% to 100% of capital gains on the sale of QSBS, and Oregon follows the section 1202 100% tax exclusion on capital gains from the sale of QSBS