Dreyfus Insured Deposits are FDIC insured multi-bank deposit sweep products designed to provide an alternative to offering traditional money market mutual funds as a cash sweep option. The Products are 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). Pershing, Pershing Advisor Solutions, and BNYMSC earn fees (which may or may not be account-based) based on the amount of money in the Dreyfus Insured Deposits. Unlike the Products, which offer FDIC insurance on cash deposits, money market mutual funds are not FDIC-insured and involve risk to principal.

BNY Mellon Investment Management is one of the world's leading investment management organizations, encompassing BNY Mellon's affiliated investment management firms, and global distribution companies. BNY Mellon is the corporate brand of The Bank of New York Mellon Corporation and may also be used as a generic term to reference the Corporation as a whole or its various subsidiaries generally.

This material has been provided for informational purposes only and should not be construed as investment advice or a recommendation of any particular investment product, strategy, investment manager or account arrangement, and should not serve as a primary basis for investment decisions. Prospective investors should consult a legal, tax or financial professional in order to determine whether any investment product, strategy or service is appropriate for their particular circumstances. No part of this material may be reproduced in any form, or referred to in any other publication, without express written permission.

Dreyfus Cash Investment Strategies (Dreyfus CIS) is a division of BNY Mellon Investment Adviser, Inc., a registered investment adviser; and investment manager of Dreyfus money market funds. Dreyfus CIS does not provide any services to the Dreyfus Insured Deposits. Dreyfus Cash Solutions is a division of BNY Mellon Securities Corporation, a registered broker dealer and distributor for the Dreyfus Insured Deposits. The Bank of New York Mellon (BNYM) is a NY state-chartered bank and BNY Mellon National Association (BNY Mellon, N.A.) is a national banking association. Both may participate in the products by holding your funds in Deposit Accounts. When your Program balances are allocated to a participating bank, including BNYM and BNY Mellon, N.A., it will realize an economic benefit from them. The participating banks, including BNYM and BNY Mellon, N.A., do not have a duty to offer the highest rates available or rates that are comparable to money funds or those offered by other depository institutions. BNY Mellon Investment Adviser, Inc., BNYM, BNY Mellon N.A., BNYMSC, and Pershing are subsidiaries of The Bank of New York Mellon Corporation.

Money Market Mutual Funds are not bank obligations and are not FDIC-insured. The Pershing Government Securities Money Market Pershing Treasury Account and the Pershing Prime Money Market are not registered money market mutual funds. However, the accounts invest in registered money market mutual funds.

Important Information:

Each fund named above belongs in one of the two categories of money market funds listed below. Please review for important information relating to your fund.

Retail Prime and Tax-Exempt/Municipal Money Market Funds:  You could lose money by investing in a money market fund. Although the fund seeks to preserve the value of your investment at $1.00 per share, it cannot guarantee it will do so. The fund may impose a fee upon the sale of your shares or may temporarily suspend your ability to sell shares if the fund’s liquidity falls below required minimums because of market conditions or other factors.  An investment in the fund is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. The fund’s sponsor has no legal obligation to provide financial support to the fund, and you should not expect that the sponsor will provide financial support to the fund at any time.

Government/Treasury Money Market Funds: You could lose money by investing in a money market fund. Although the fund seeks to preserve the value of your investment at $1.00 per share, it cannot guarantee it will do so. An investment in the fund is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. The fund’s sponsor has no legal obligation to provide financial support to the fund, and you should not expect that the sponsor will provide financial support to the fund at any time.

Although the fund's board has no current intention to impose a fee upon the sale of shares or temporarily suspend redemptions if the fund’s liquidity falls below certain levels, the board reserves the ability to do so after providing at least 60 days prior written notice to shareholders.

Municipal income may be subject to state and local taxes depending upon your state of residence. Income may also be treated as a preference item for purposes of the federal Alternative Minimum Tax.

Neither the market value of government securities nor the value of the fund’s shares is guaranteed.

CIS-186831-2021-04-28