Ruby Money is not a bank. We hold your money in an FDIC-insured account with our bank partner, Blue Ridge Bank N.A.
Ruby Money is not a bank, and we want you to continue working with your bank of choice.
Every time you get paid by a client into your bank account, we set aside money into an FDIC-insured account with our bank partner, Blue Ridge Bank N.A., for safekeeping.
You can transfer money back to your primary bank account whenever you need - to pay for taxes, to make a contribution to your retirement account, or another purpose.
Your funds are FDIC insured up to $250,000 through Blue Ridge Bank; Member FDIC.