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Is elroy a bank?
Updated over a week ago

elroy is provided by IDT Payment Services, Inc. DBA elroy and is not a bank. elroy Checking Account and Debit card are provided by Evolve Bank and Trust, Member FDIC. Your deposits are FDIC insured up to $250,000 through Evolve Bank and Trust. The elroy Mastercard® Debit Card is issued by Evolve Bank and Trust, Member FDIC, pursuant to a license from Mastercard®.

See your applicable cardholder agreement for details.

Money transfer services are provided by IDT Payment Services, Inc., a licensed money transmitter (NMLS 935577, MA FT935577), or IDT Payment Services of New York LLC, licensed as a Money Transmitter by the New York State Department of Financial Services.

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