With ICS and CDARS, you can:
Rest assured. Make even large deposits eligible for protection that’s backed by the full faith and credit of the federal government.
Earn interest. Ask us about the returns you can earn. With ICS, funds can be placed into, money market deposit accounts (using the savings option). With CDARS, funds are placed into CDs. And with ICS and/or CDARS, you enjoy the conveniences of banking directly with us and of earning one interest rate per service option.1
Save time. Work directly with just us—a bank you know and trust—to access multi-million-dollar FDIC insurance, and forego the need to use repo sweeps or to track collateral on an ongoing basis.2
Access funds. With ICS, enjoy up to six program withdrawals per month using the savings option. With CDARS, select from a range of maturities (4 weeks, 13 weeks, 26 weeks, 52 weeks, 2 years, 3 years, and 5 years).
Support Your Community. Feel good knowing that the full amount of your funds placed through ICS and/or CDARS can stay local to support lending opportunities that build a stronger community.2