Dreyfus Insured Deposit Program A (DIDA)

Offering an attractive way to address your cash needs.

The program enables you to help preserve a considerable portion of your assets through a highly liquid, interest-bearing account.

Today, FDIC insurance covers both the principal and accrued interest in each bank account up to $250,000 per depositor, for each FDIC-member bank where money is deposited. The Dreyfus Insured Deposit Program employs a “multi-bank” investment approach to help increase your total FDIC insurance coverage up to $2.5 million. This is accomplished by depositing your assets among multiple participating institutions (program banks) as determined by your available cash balance. To ensure that your balance (plus accrued interest) receives the greatest amount of FDIC coverage available through the program, the principal amount of your sweep balance held at any one institution is limited, to the extent possible. NOTE: In the event your total swept balance exceeds the program’s FDIC insurance coverage limit, a portion of your swept balance may not be covered by FDIC insurance.

For Program A there are three documents for your review:

  1. Terms and Conditions for the Tiered Rate Program – This document serves as a summary of the features of the Dreyfus Insured Deposit Program.
  2. Bank list – This list includes all of the banks currently available within the program.
  3. Rate Sheet – Highlights the current rates you can expect to receive. This rate sheet is updated weekly. 


The Dreyfus Insured Deposit Program (the Program) is a product offered through a private labeling arrangement with the Dreyfus Cash Solutions division of BNY Mellon Securities Corporation (BNYMSC) and is available only to clients of broker/dealers who clear through Pershing, LLC (Pershing). BNYMSC and Pershing are wholly-owned subsidiaries of The Bank of New York Mellon Corporation (BNY Mellon).

Investors should consider the investment objectives, risks, charges, and expenses carefully before investing. Read the Dreyfus Insured Deposit Program Disclosure Statement and Terms and Conditions carefully before investing.

A client is responsible for monitoring the total amount of deposits held with any one bank, directly or through an intermediary, in order to determine the extent of deposit insurance coverage available on their deposits, including the Dreyfus Insured Deposit Program. Neither Dreyfus, your Introducing Financial Institution (“IFI”) nor your IFI's clearing agent is responsible for any insured or uninsured portion of the Dreyfus Insured Deposit Program accounts or any other deposits held outside the product.

Dreyfus Cash Investment Strategies (Dreyfus CIS), a division of BNY Mellon Investment Adviser, Inc., is one of the industry's leading institutional managers of money market strategies. We provide institutional investors and intermediaries access to a broad array of domestic and offshore money market funds and cash investment solutions to help meet any cash management need.