CDARS®1 & ICSWith CDARS®1 (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®1One Bank. One Rate. One Statement. CDARS®1 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®1 |
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.
(1) Rates are subject to change at the bank’s discretion. You may contact any branch location to obtain the most current rate and APY information. For variable rate accounts, rate may change after account opening. Minimum balance required to open/obtain APY. A penalty may be imposed for early withdrawal. Fees may reduce earnings. |