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Certificate of Deposit Account Registry Service (CDARS)
- The Most Secure Investment! With FDIC insurance on all CDARS deposits up to $25 million in one account!
- CDARS is the easiest, most convenient way to enjoy full FDIC insurance on deposit amounts larger than $100,000.
- One Bank.
Everything is handled through our bank. Your large deposit is broken into smaller amounts and placed with other banks that are members of a special network. Then, those member banks issue CD's in amounts smaller than $100,000, so that your entire investment is eligible for FDIC insurance!
- One Rate.
You earn one rate on your entire investment! So you can forget about multiple rate negotiations and the need to consolidate multiple disbursement checks.
- One Statement.
You receive one regular account statement listing of all your CD's, along with their issuing banks, maturity dates, interest earned, and other details. With CDARS, there's no need to manually consolidate statements, track changing collateral values, or use private surety bonds.
- It's that simple!
If you would like additional information about the product listed, please contact a Bank2 CDARS representative at cdars@bank2.biz or by calling 405-946-2265 ... We're standing by!
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