Brex’s Banking Partner: Where Your Funds Are Held

Brex partners with Evolve Bank & Trust and Middlesex Federal Savings to provide FDIC-insured banking services. Funds in Brex accounts are held by these partner banks, ensuring security and compliance with U.S. financial regulations.

How Brex Banking Works

• Evolve Bank & Trust (Member FDIC) handles Brex Cash accounts, offering up to $6M in FDIC insurance through their partner network.


• Middlesex Federal Savings (Member FDIC) supports Brex’s checking and savings products.


• All deposits are protected under FDIC insurance, giving users peace of mind. 💰

Why Does Brex Use Partner Banks?

Brex is a fintech company, not a bank itself. By collaborating with FDIC-insured institutions, it ensures:

✔️ Regulatory compliance
✔️ Secure transactions
✔️ Seamless business banking

FAQs About Brex’s Banking Partners

Is Brex a Bank?

No, Brex is a financial technology company that partners with FDIC-insured banks like Evolve Bank & Trust and Middlesex Federal Savings.

Are Brex Accounts FDIC-Insured?

Yes! Funds in Brex Cash accounts are FDIC-insured up to $6M through Evolve Bank & Trust’s partner network.

Can I Access My Funds Easily?

Absolutely! Brex offers instant transfers, debit cards, and integrations with accounting tools for smooth financial management.

Who Should Use Brex?

Startups, e-commerce businesses, and growing companies benefit from Brex’s corporate cards, expense tracking, and high-yield cash accounts. 🚀

For the latest details, check Brex’s official [banking disclosures](https://www.brex.com/legal/banking-services-disclosure).