Legal Disclosures

Last updated: February 2025

About DepositHive

DepositHive, Inc. is a deposit management platform that facilitates the placement of tenant security deposits into FDIC-insured deposit accounts at partner institutions, including E-Trade and Fidelity. DepositHive is not a bank and does not accept deposits directly. We act as an intermediary connecting property managers with federally insured financial institutions.

Yield and Return Disclosures

Annual Percentage Yield (APY)

DepositHive currently offers returns tied to U.S. Treasury yields: approximately 2% APY for residential properties and 2.25% APY for commercial properties. These rates are subject to change at any time based on market conditions, Treasury yield fluctuations, and partner institution terms.

Past Performance

Past performance does not guarantee future results. Historical yields are provided for informational purposes only and should not be used to predict future returns. Market conditions vary, and yields may increase or decrease.

Yield Fluctuation

Because returns are tied to U.S. Treasury yields, your actual returns will fluctuate as interest rates change. There is no minimum or guaranteed yield.

FDIC Insurance and SIPC Protection

Deposits placed through DepositHive are held in accounts at E-Trade and Fidelity. These institutions are FDIC members, and deposit products are insured up to applicable FDIC limits (currently $250,000 per depositor, per insured bank, per account ownership category). SIPC (Securities Investor Protection Corporation) protection applies to securities accounts and provides different coverage. Coverage limits and eligibility are subject to applicable laws and regulations.

DepositHive does not guarantee FDIC or SIPC coverage. You should review the specific terms and coverage provided by our partner institutions.

Fidelity Bond

DepositHive maintains a fidelity bond with coverage of up to $5 million. This bond provides protection against certain types of fraud or dishonesty. Coverage is subject to the terms and conditions of the bond policy.

SOC 2 Certification

DepositHive maintains SOC 2 Type II certification, which attests to our controls related to security, availability, and confidentiality. SOC 2 reports are available to enterprise customers under NDA.

State Availability

DepositHive services are not available in all states. State availability varies based on local regulations governing security deposit management, investment of tenant funds, and related requirements. Availability may change. See our Compliance page and Available States for current information.

Not Investment Advice

Nothing on this website or in our communications constitutes investment advice, a recommendation, or an offer to buy or sell any security. The information provided is general in nature and may not be suitable for your specific situation. Returns on security deposits are incidental to our deposit management service and are not offered as an investment product.

Risks

While deposits are held at FDIC-insured institutions, all financial products and services carry some risk. Partner institution stability, regulatory changes, and operational risks may affect the Services. DepositHive is not responsible for the solvency, conduct, or regulatory status of partner institutions.

Contact

For questions about these disclosures, contact us at [email protected] or [email protected].