CDARS® & ICSWith CDARS® (Certificate of Deposit Account Registry Service®), any individual or organization can lock in a fixed interest rate for a specified term in a secure investment instrument and enjoy full FDIC insurance over $250,000. With ICS® (Insured Cash Sweep® Service), customers can put excess cash to work for them and also have full FDIC insurance over $250,000. The sweep service is available to businesses, non-profits, public managers or other large depositors. |
CDARS®One Bank. One Rate. One Statement. CDARS® is the Certificate of Deposit Account Registry Service®. It’s the easiest, most convenient way to enjoy full FDIC insurance on your deposits over $250,000. In short, any organization or individual who wants to combine the convenience of working with a single bank with the security of FDIC insurance can benefit from CDARS®. |
ICS®What is ICS®? ICS®, the Insured Cash Sweep Service®, is a smart, secure, and convenient way to safeguard your large deposits. With ICS® you can enjoy full FDIC insurance on your deposits over $250,000 and earn interest, all through a single bank relationship.
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