Frequently Asked Questions

Is TCI FDIC-insured?
No, because FDIC insures only bank deposits. Bank deposits are liabilities on a bank’s books and are subject to claims of bank creditors. Assets held in TCI accounts are the property of the account holder and are not subject to the claims of TCI creditors.

TCI stock and bond holdings are held in a custodian account at Marshall & Ilsley Bank in Milwaukee. Mutual funds and money market assets are held by the mutual funds.

TCI is covered by Trust Errors & Omissions Liability Insurance and Financial Institution Bond Insurance and examined annually by the State of Illinois and independent auditors, Crowe Horvath, to insure accounts are managed in accordance with sound fiduciary principles.