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October 12, 2023

Important Notice: Upcoming Changes to Your Juno Account

This will help improve the functionality of the platform including the potential to provide enhanced FDIC Insurance coverage on balances up to $500,000.

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At Juno, we are dedicated to providing you with the best financial services. To enhance your financial experience, we are making some important changes. This will help improve the functionality of the platform including the potential to provide enhanced FDIC Insurance coverage on balances up to $500,000. This change comes at no additional fee to you. No actions by you are necessary at this time.

Here's What You Need to Know:

  1. Transition to Cash Management Accounts: We will be transitioning from checking accounts to cash management accounts. In connection with this transition, a brokerage account at Synapse Brokerage LLC will be established on your behalf. Funds held in your checking account will be transferred to your brokerage account and then into the cash management program. Until further notice, you will continue to have full usage of your checking account as necessary to use the various ancillary services.
  1. Program Banks: Your funds will be held with trusted program banks, including AMG National Trust; American Bank, N.A.; Third Coast Bank, SS; Western Alliance Bank; Webster Bank, NA; Old National Bank; ServisFirst Bank; NewBank; and Customers Bank;
  1. Your Current Account Number and Cards: Your account number and debit cards will remain unchanged. There are no changes to your use of your debit cards at this time. Although we plan to migrate to a new routing number in the future, this change is not part of the current transition. We will notify you well in advance when this change is scheduled.
  1. Transition Timeline: This transition will occur over the next several months, will be seamless, will come at no additional fee and will not require any action on your part unless you wish to opt out. In any event, you will receive regular updates from us as we progress through the process.

Please click here to review the Notice. Please also review the updated Juno’s Terms of Use and Privacy Policy in relation to these changes.

If you have any questions about our services, please feel free to directly contact us at [email protected]. For specific questions regarding the Cash Management Program, please contact Synapse at [email protected].

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Juno (CapitalJ Inc.) is a financial technology company, not a bank. Certain services are offered through Synapse Financial Technologies, Inc. and its affiliates (“Synapse”). Brokerage accounts and cash management programs are provided through Synapse Brokerage LLC (“Synapse Brokerage”), an SEC-registered broker-dealer and member of FINRA and SIPC. Additional information about Synapse Brokerage can be found on FINRA’s BrokerCheck. See Synapse Terms of Service, Privacy Policy, and the applicable disclosures and agreements available in Synapse’s Disclosure Library for more information. The Partner Financial Institution(s) participating in a Synapse cash management program are referred to in your Synapse Brokerage Customer Agreement.

Digital Asset services are provided by Zero Hash, which is not affiliated with Juno or Synapse. Digital Assets are highly speculative in nature, involve a high degree of risk and can rapidly and significantly decrease in value. It is reasonably possible for the value of Digital Assets to decrease to zero or near zero. Digital Assets held in your Zero Hash account are not protected by FDIC insurance or any other government-backed or third party insurance.

The Juno card is issued by Evolve Bank & Trust, Member FDIC, pursuant to license by Mastercard International.

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