Money Cash deposited in Robinhood’s 3% checking and savings isn’t insured, SIPC says December 14, 2018Janna Herron, USA TODAYComments Off on Cash deposited in Robinhood’s 3% checking and savings isn’t insured, SIPC says Cash in Robinhood's new checking and savings products that were rolled out this week is not insured by the Securities Investor Protection Corp.