Yes. As at most banks, funds saved in a CD at Bread Savings are insured by the Federal Deposit Insurance Corporation, up to $250,000 per account as the standard cap. If you’d like to confirm FDIC insurance on the
BankFind tool
, be aware that Bread Savings is the brand for Comenity Capital Bank, a Utah-based state chartered bank that’s part of Bread Financial.
Bread Savings says:
“FDIC insurance up to $250,000 per depositor for each ownership category.”