Community OutreachFAQ

CDARS® – the Certificate of Deposit Account Registry Service® – is the most convenient way to access FDIC insurance on multi-million-dollar CD deposits and to earn CD-level rates, which often compare favorably to Treasuries and money market mutual funds.

With CDARS, you sign one CDARS Deposit Placement Agreement with a participating financial institution of your choice, earn one interest rate per maturity, and receive one regular statement.

It's that easy!

CDARS is the perfect solution for many investors – businesses, nonprofits, credit unions, advisors (including trustees, CPAs, financial planners, and lawyers), individuals, public funds, and socially responsible investors.

Note: Depending on your cash management and liquidity needs, you may want to take a look at ICS®, the Insured Cash Sweep® service, which provides access to multi-million-dollar FDIC insurance for funds placed into demand deposit accounts and/or money market deposit accounts.



View this short video to learn how CDARS works.


Limits apply. Funds may be submitted for placement only after a depositor enters into a CDARS Deposit Placement Agreement with a CDARS participating institution. The agreement contains important information and conditions regarding the placement of funds. CDARS, Certificate of Deposit Account Registry Service, ICS, and Insured Cash Sweep are registered service marks of Promontory Interfinancial Network, LLC.