CDARS (Certificate of Deposit Account Registry Service)
FDIC Insurance up to $50 million
Your large deposit is broken into smaller amounts and placed with other banks that are members of the CDARS network where they issue CDs in amounts under $250,000; therefore, your entire investment is FDIC insured.
One Bank
Everything is handled through our Main Bank.
One Rate
You earn one rate on your entire investment – so you can forget about multiple rate negotiations and the need to consolidate multiple disbursement checks.
One Statement
You receive one regular account statement listing all CDs and one 1099 at year end.
Time your maturities to fit your personal or business cash flow.
