- Gain multi-million dollar FDIC Insurance on your deposits while still using First Resource Bank as your primary bank of choice
- Highly competitive rates *contact banker for current rates
- All fees are paid by First Resource Bank
- Competitive short and mid-term CD’s as well as liquid accounts are available
- See banker for full details, and restrictions
- Call 610.363.9400
This account may be the solution to consolidating bank accounts during estate planning, public entities, municipalities or anyone who is concerned about going over the FDIC limits. If you are looking for a way to keep large deposits safe, then this may be the perfect account for you.
With CDARS and ICS, you can receive up to $50 million in FDIC protection through First Resource Bank. There are few guarantees in life – FDIC insurance is one of them. CDARS can be a valuable cash management or longer-term investment tool for you or your business.
We are members of a special network. When you place a large amount with us, we place your funds into certificates of deposit issued by other banks in the network – in increments of less than $250,000 – so that both your principal and interest are eligible for complete FDIC protection. With help from a sophisticated matching system, we exchange deposits with other banks that are members of the network. Click here
for more information.