Wintrust is a legitimate, fully authorized, and highly regulated regional banking organization operating under the strict oversight of regulatory authorities, including the Federal Reserve and the Federal Deposit Insurance Corporation (FDIC). Deposits held across its network of subsidiary community banks are protected by FDIC insurance up to applicable statutory limits. Comprising sixteen separately chartered subsidiary banks and hundreds of physical branches across the United States, it functions as a fully accredited commercial and retail financial institution serving millions of customers.