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CDARS

CDARS Account Benefits & Features


CDARS, Certificate of Deposit Account Registry Service, provides the security of FDIC insurance on CD deposits over the standard FDIC insurance maximum. It does this by strategically dividing your deposit into CDs below the FDIC limit and distributing the CDs among network banks. CDARS accounts are easy to manage because you negotiate one interest rate and receive one consolidated statement.

Highlights

Guaranteed Growth

With fixed terms and interest rates your return is guaranteed as long as contract terms are fulfilled.

Security

FDIC insurance above the standard  limit, which means your investments are safe.

Easy Management

You receive one statement, have one interest rate, and handle transactions with one bank. This eliminates the hassle of managing multiple accounts with multiple banks.

 

How To Open


Open by visiting your local branch and talking with a Personal Banker.


Have questions or need more help? Call or visit your local branch.

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