Controls & assurance
iBank™ operates a SOC 1 Type II and SOC 2 Type II control program covering security, availability, processing integrity and confidentiality. Reports are released under NDA through the iAudit™ desk. Card data is handled in a PCI-DSS v4.0 Level 1 scope by our processing partners; iBank™ never stores raw card numbers. Encryption in transit uses TLS 1.2+ and iNcryption™ envelope keys protect data at rest.
Crypto and Crypto-Lock™ vault activity is screened for sanctions, AML and CTF obligations under our BSA program. Identity is verified through iVerify™ KYC / KYB before an account is funded.
Legal disclosures
iBank™ is a financial technology company, not a bank. Banking services and FDIC-insured deposit accounts, where offered, are provided by our partner financial institutions, Members FDIC. FDIC insurance protects against the failure of an insured depository institution, up to $250,000 per depositor, per insured bank, for each ownership category; pass-through insurance depends on our partner bank maintaining accurate records and is not guaranteed.
Digital assets, USDC, BTC and Crypto-Lock™ balances are not FDIC insured, are not SIPC protected, are not deposits or obligations of any bank, and may lose value. Rates shown are indicative. iCard™ is issued by our issuing partner pursuant to a licence from the card network. Membership fees, the $999.99 iCard™ issuance fee and the $99.99 monthly holding fee are non-refundable once the billing period has begun. Credit, lending and iLend™ / Yahoot™ Lendsurance products are subject to underwriting and are not available in all jurisdictions.
Nothing on this site is investment, tax or legal advice. © 2026 iBank™ / Delos™ / UTO™. All rights reserved. Equal Housing Lender. NMLS disclosure available on request.
