Looking for safety and CD-level rates (that historically have compared favorably to Treasuries) for your large deposits? Find out why thousands of safety-conscious institutional investors including businesses, non-profits, public funds/governments – choose CDARS, the easiest way to access multi-million-dollar FDIC insurance through our bank. (Limits apply.)

Frequently Asked Questions


CDARS is one of the safest and smartest investment vehicles for investors looking to protect their large-dollar investments while earning CD-level returns. CDs placed through CDARS offer:

  • Access to multi-million-dollar FDIC insurance.
  • The ease of working through one trusted relationship, earning one rate per maturity, and receiving consolidated statements.
  • The power of daily compounding.
  • A finite maturity date.
  • The ability to have your funds available to support lending initiatives, including special development projects that strengthen your local community.

How can deposits greater than the standard FDIC insurance maximum be insured by the FDIC?

Currently, the FDIC insures up to $250,000 of a customer’s savings deposits in a given insurable capacity at an FDIC-insured depository institution. So, you can run around to multiple institutions to deposit your funds to receive the same coverage you can access using CDARS. Or you can place your large-dollar deposit with – a member of the CDARS Network. Your deposit is divided into smaller amounts and placed with other CDARS Network members – each an FDIC-insured institution. Then, those member institutions issue CDs in amounts under the standard FDIC insurance maximum, so that your deposit is eligible for FDIC insurance at each member bank. By working directly with one financial institution – you can receive insurance through many.