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You Are Here: What is CDARS?

What is CDARS?

CDARS, pronounced like the tree "cedars", stands for Certificate of Deposit Account Registry Service. This service provides customers with multi-million dollar FDIC Insurance coverage, so even the largest of depositers can be assured their money is insured and protected.

It's a great account solution for:

  • High net-worth individuals
  • Business accounts
  • Municipalities and other public fund organizations
  • Anyone needing insurance in excess of standard FDIC insurance limits
CDARS helps simplify your banking efforts by providing a single institution that can provide one competitive rate, one statement and one set of 1099 tax forms for end of year tax planning. Rather than spread your money around multiple financial institutions to ensure you have proper FDIC Insurance coverage, use CDARS and remain protected!

Range Bank is proud to offer CDARS for our customers and you can open your account at any of our office locations. Terms vary from four (4) weeks to 36 months. You visit the official site at www.CDARS.com for additional details on this great service.

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