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Your Money is Well Protected 

You work hard for your money. Bank confidently knowing that those hard-earned funds are safe and protected at PSBT. Your deposits are automatically insured up to $250,000 with FDIC insurance coverage. With CDARS and ICS, you can enjoy peace of mind knowing that funds greater than $250,000 can still be protected by FDIC insurance through a single bank relationship.


FDIC Insurance

Deposit insurance coverage is one of the many benefits of banking with PSBT. Your deposit accounts are automatically insured up to $250,000 through FDIC Insurance. Click here to learn more about this coverage and how it works, or view the informational brochures from the FDIC below. 

To learn more about the FDIC's insurance coverage rules and how they apply to your deposit accounts, click here to access the FDIC's EDIE (Electronic Deposit Insurance Estimator) Calculator

Make the Most of Your Deposit Insurance Coverage


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®.


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. 

Who can use ICS®?

The Insured Cash Sweep Service is available for the following customers:

  • Businesses of all types
  • Non-Profits
  • Public Fund Managers
  • Other large-dollar depositors

Why ICS®?

For more information on how ICS® can work for you, please call or visit your local branch.

  • Enjoy peace of mind
  • Earn interest
  • Save time
  • Access funds