What type of account is my Ando account?

Ando is a full-featured, FDIC-insured deposit account, and includes an Ando Spending Account and optional Ando Savings Account. Your spending account can receive direct deposits and support pre-authorized withdrawals and interbank transfers through the Automated Clearing House (ACH) Network. Ando bank accounts are insured up to the standard maximum deposit insurance amount of $250,000 through our partner, Community Federal Savings Bank (CFSB), N.A., Member FDIC.