CDARS
- Summary
The most secure investment you can make. With FDIC insurance on all CDARS deposits up to $25 million in one account, CDARS is the easiest, most convenient way to enjoy full FDIC insurance on deposit amounts larger than $100,000.
You'll have extra piece of mind knowing that everything is handled through our bank. Your large deposit is broken into smaller amounts and placed with other banks that are members of a special network. Then, those member banks issue CDs in amounts smaller than $100,000, so that your entire investment is eligible for FDIC insurance.
- You earn one rate on your entire investment
- Your receive one statement
- You receive one regular account statement listing of all your CDs, along with their issuing banks, maturity dates, interest earned, and other details
- No need to manually consolidate statements, track changing collateral values, or use private surety bonds
For more information on CDARS, please call one of our new account specialists at 877-409-2265 or click Here to email a representative.
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