Is the money people have deposited in BOL safe?
Yes. In terms of the ‘safety’ of BOL deposits, we consider this development very positive for BOL customers, given RB’s fiscal strength. RB is currently classified by the regulators as “well capitalized,” the highest possible designation. All BOL deposits remain safe and sound, just as before, insured by the Federal Deposit Insurance Corporation within all legal limits. Click here to read the details on RB’s Statement of Condition.
