Protect and Grow Your Deposits with Confidence
With our specialized FDIC insurance solutions, deposits exceeding $250,000 can be structured to receive full FDIC protection—offering you greater peace of mind and financial security. In a world with few guarantees, FDIC insurance stands as a trusted safeguard.
Whether you’re managing cash for your business or planning long-term investments, our solutions—CDARS® and Insured Cash Sweep (ICS)—offer powerful tools to help you protect and optimize your funds.
Why Choose CDARS (Certificate of Deposit Account Registry Service)?
CDARS simplifies large-dollar investing by offering:
- Safety – Access FDIC insurance coverage for deposits exceeding $250,000 through a single bank relationship.
- Convenience – Work directly with us while earning one interest rate and receiving one consolidated statement and tax form.
- Community Impact – Keep your funds local, supporting lending and development in your community.
- Attractive Returns – Earn CD-level interest rates that may compare favorably with alternatives like Treasuries, corporate sweeps, or money market funds.
Why Choose Insured Cash Sweep (ICS)?
ICS is ideal for managing liquid funds while maintaining full FDIC protection:
- Peace of Mind – Enjoy multi-million-dollar FDIC insurance backed by the U.S. government.
- Interest Earnings – Put excess cash to work in interest-bearing savings (money market deposit accounts).
- Time Savings – Simplify compliance with investment policy mandates for your public unit through a single banking relationship.
- Daily Liquidity – Access your funds easily—withdraw, write checks, and transfer money at your convenience.
- Community Support – Your deposits can stay local, helping to fund loans that strengthen your community.
How Does It Work?
As a member of trusted deposit networks, we place your large deposits in increments under $250,000 across multiple FDIC-insured banks. This ensures that both your principal and interest are fully protected.
Through a secure, dollar-for-dollar exchange system, your full deposit amount remains available to us—allowing us to reinvest in your community while you enjoy complete FDIC coverage.
What Are the Benefits?
- Simplified Management – Eliminate the hassle of managing multiple bank relationships, interest rates, and statements.
- Time-Saving Compliance – No need to monitor changing collateral values or juggle reporting across institutions.
- Confidentiality – Your personal information stays protected. Other network banks never see your confidential data.
Getting Started
To participate, you’ll need to sign an agreement with our deposit placement service providers. This document outlines the terms and conditions of fund placement. Please review it carefully before enrolling.
Note: Some benefits may vary depending on the type of ICS transaction. Let us know what matters most to you, and we’ll walk you through the details.
Let’s Talk
We offer certificates of deposit with a variety of terms to suit your financial goals. Visit one of our branches or email us to learn how our FDIC Insurance Solutions can work for you.
Disclaimer:
Deposit placement through ICS and CDARS is subject to the terms, conditions, and disclosures in applicable agreements. Deposits that are placed through ICS and CDARS at FDIC-insured banks in IntraFi’s network are eligible for FDIC deposit insurance coverage at the network banks. The depositor may exclude banks from eligibility to receive its funds. To meet conditions for pass-through FDIC deposit insurance, deposit accounts at FDIC-insured banks in IntraFi’s network that hold deposits placed using ICS and CDARS are titled, and deposit account records are maintained, in accordance with FDIC regulations for pass-through coverage. Although deposits are placed in increments that do not exceed the FDIC standard maximum deposit insurance amount (“SMDIA”) at any one bank, a depositor’s balances at the institution that places deposits may exceed the SMDIA before settlement for deposits or after settlement for withdrawals. The depositor must make any necessary arrangements to protect such balances consistent with applicable law and must determine whether placement through ICS and CDARS satisfies any restrictions on its deposits. ICS, IntraFi Cash Service, and CDARS are registered service marks of IntraFi LLC.
