Frequently Asked Questions
T-Bills in Depth
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- The Jiko Product
- Privacy Notice
- Jiko U.S. Treasuries Risk Disclosures
- Form CRS Relationship Summary
Jiko keeps you invested in US Treasury Bills.
US Treasury Bills are securities backed by the "full faith and credit" of the US government
No FDIC insurance. No bank guarantee. May lose value.
Jiko, owned and operated by Jiko Technologies, Inc., makes available a unique combination of financial services provided by Jiko Technologies, Jiko Securities, Inc., a registered broker-dealer, and Jiko Bank, a division of Mid-Central National Bank.
US Treasury securities (“Treasuries”) are issued by the federal government and are backed by the “full faith and credit” of the US government. Learn more here. Past performance is not indicative of future performance. Investments are subject to certain risks. T-bills are securities and, as with any investment, you could lose all or part of your investment in your account. Learn more here.
1. Funds are invested in TBills in $100 increments. Aggregate funds in your Jiko Brokerage Account of less than $100 will remain in that account in cash. Funds in your Jiko Brokerage Account are not FDIC insured.
Securities are offered by Jiko Securities, Inc. (“JSI”), acting as the principal carrying firm. JSI is a member of the Financial Industry Regulatory Authority, Inc. (“FINRA”) and the Securities Investor Protection Corporation (“SIPC”). All your securities and funds are held in an omnibus account at Apex Clearing Corporation, pursuant to the U.S. Securities and Exchange Commission Rule 15c3-3 customer protection rules. SIPC protects securities customers of its members up to $500,000 (including $250,000 for claims for cash). Explanatory brochure available upon request or at www.sipc.org.
Banking services provided by Jiko Bank, a division of Mid-Central National Bank, Member FDIC. The Jiko Solid debit card, when available, will be issued by Jiko Bank, a division of Mid-Central National Bank, and can be used anywhere on the Discover, Pulse, and NYCE networks.
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