Secure your business with multi-million dollar FDIC insurance on its CD investments.
Protect your pocketbook.
Enjoy peace of mind through access to multi-million-dollar FDIC insurance on your CD investments.
How does CDARS work?
Everything is handled through our bank. Your large deposit is broken into smaller amounts and placed with other banks that are members of the CDARS Network. Then, those banks issue CDs in amounts under the standard FDIC insurance maximum, so that your investment is eligible for FDIC protection. As a result, you can receive coverage from many banks while working directly with just one.
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Limits apply. Funds may be submitted for placement only after a depositor enters into a CDARS Deposit Placement Agreement with us. The agreement contains important information and conditions regarding the placement of funds by us. CDARS is a registered service mark of Promontory Interfinancial Network, LLC.