Access FDIC protection on multi-million-dollar CD investments through the CDARS service with this valuable investment tool. Your principal and interest are eligible for complete FDIC protection through many banks while working with just one.
- Maintains FDIC insurance for large balances
- Splits balance into multiple CDs
- Utilizes other banks in the CDARS network
- A penalty applies for early withdrawal
Funds may be submitted for placement after entering into a CDARS Deposit Placement Agreement describing the placement of funds by us. The agreement contains important terms and conditions. Contact us to learn more.