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Central Bank of Kansas City
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- 1Tellus and Central Bank of Kansas City Launch FDIC-Insured Deposit Account●Fintech Meets CDFI: Tellus and Central Bank of Kansas City Team Up on FDIC-Insured Deposit Account
Fintech company Tellus has announced a partnership with Central Bank of Kansas City, a community development financial institution, to offer customers an FDIC-insured deposit account. The collaboration pairs a technology-driven savings platform with a minority-depositary bank, expanding access to insured deposit products. The announcement was carried via PR Newswire; wider reactions and details on rates or rollout remain limited so far.