were on deposit with a non-FDIC-insured fintech company. The lesson here is to make sure you don't have anything other than nominal amounts on deposit with non-insured banks and credit unions (stuff like Venmo). Those fintechs say they offer pass-through FDIC insurance, but like with Synapse, you're largely taking their word for it because the banks today aren't reconciling small fintech deposits against the ominbus account(s).