Certificate of Deposit Account Registry Service, or CDARS is the smartest, most secure and convenient way for customers to invest large deposits in FDIC-insured CDs. This service offers:
- CD-level returns
- Access to multi-million dollar FDIC insurance
- Freed-up time/significantly less paperwork
- The ability to support local communities
It's especially attractive for public fund managers as it allows you to place all of your funds with one institution without having to keep track of several different statements and rates.
*Funds may be submitted for placement only after a depositor enters into a CDARS Deposit Placement Agreement with us. The agreement contains important information and conditions regarding the placement of funds by us. CDARS and Certificate of Deposit Account Registry Service are registered service marks of Promontory Interfinancial Network, LLC.