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View this short video to learn more about CDARS.

How it works.

The thousands of financial institutions that offer IntraFi® Network DepositsSM, formerly known as CDARS®, are members of a unique network. When you place a large deposit with a network member (a bank offering IntraFi Network Deposits), that institution uses the IntraFi Network Deposits product to place your funds into CDs issued by other members of the same network.

This occurs in increments below the standard FDIC insurance maximum ($250,000) so that both principal and interest are eligible for FDIC insurance. By working directly with just one institution, you can receive coverage from many. And, you receive just one regular, consolidated account statement.

When you’re ready to take advantage of IntraFi Network Deposits, here’s what happens:

number 1 You sign the Deposit Placement Agreement and a custodial agreement, and then invest the money with a financial institution that offers IntraFi Network Deposits.
number 2 Your funds are submittted for placement using IntraFi Network Deposits.
number 3 Your CDs are issued by other institutions that offer IntraFi Network Deposits.
number 4 You receive confirmation of your CDs from your financial institution.
number 5 You receive consolidated interest payments and statements from your financial institution.

For general information, please check our FAQs page.


The IntraFi Network Deposits product has been designed to satisfy the FDIC’s requirements for pass-through deposit insurance coverage. 

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