Certificate of Deposit Account Registry Services (CDARS®)
One bank, one rate.
A CDARS account provides customers with a competitive interest rate while offering multi-million dollar FDIC* insurance coverage. This can be advantageous for businesses, organizations and municipalities that have typically had to spread deposits across multiple financial institutions to ensure their money was insured.
With CDARS you get the convenience of one rate, one statement and one 1099 tax form at the end of the year. This makes managing your money more convenient and tax time a whole lot easier. Terms for a CDARS vary from four weeks to 36 months.