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 rates that may 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,
public funds,
advisors (including trustees, CPAs, financial planners, and lawyers),
individuals, and
socially responsible investors.
Note: If you want your funds placed in interest-bearing savings accounts with the
flexibility to withdraw funds up to six times per month, take a look at
ICSSM –
Insured Cash SweepSM Service –
which also provides access to multi-million-dollar FDIC insurance.
View this short video to learn how CDARS works.
To view the video above, you need to install Flash 7 or a higher version of this program in your computer.
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 and Certificate of Deposit Account Registry Service are registered service marks, and ICS is a service mark, of Promontory Interfinancial Network, LLC.