Is Charles Schwab a bank?

Its broker-dealer subsidiary, Charles Schwab & Co., Inc. (member SIPC ), offers investment services and products, including Schwab brokerage accounts. Its banking subsidiary, Charles Schwab Bank (member FDIC and an Equal Housing Lender), provides deposit and lending services and products.

Is Charles Schwab a member of the FDIC?

Its broker-dealer subsidiary, Charles Schwab & Co. Inc. ( Member SIPC ), and its affiliates offer investment services and products. Its banking subsidiary, Charles Schwab Bank, SSB (member FDIC and an Equal Housing Lender), provides deposit and lending services and products. This site is designed for U.S. residents.

Are Charles Schwab products FDIC-insured?

Brokerage Products: Not FDIC-Insured • No Bank Guarantee • May Lose Value The Charles Schwab Corporation provides a full range of securities, brokerage, banking, money management, and financial advisory services through its operating subsidiaries.