FDIC-Insured - Backed by the full faith and credit of the U.S. Government
Business CDsTreasury ServicesPlacing your funds into CDs or through the CDARS® and ICS® services is a smart, safe way to help your money work harder for the future of your business. |
Certificates of Deposit
Think long-term. Today.
| Accounts | Certificates of Deposit |
CDARS® |
ICS® IntraFi Cash ServiceSM |
|---|---|---|---|
| Description | A great alternative to a traditional savings account, This CD is for individuals who want high rates with a guaranteed return and do not need regular access to their money should consider a Fixed Rate CD. |
Access millions in FDIC insurance working directly with just our bank. Your deposit is placed into CDs at network banks in increments below the standard FDIC insurance maximum so that principal and interest are protected. Choose from a variety of terms to fit your needs. |
As an alternative cash management option, ICS, the IntraFi Cash Service, provides access to millions in FDIC insurance on funds placed into demand deposit accounts and money market deposit accounts at network banks. You still work with just our bank. This option provides flexibility and allows your funds to earn interest with no maximum balance requirements. |
| Minimum Balance to Open | $500 | $10,000 | Any Amount |
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Contact our Cash Management Team to learn more and start utilizing CDs, CDARS, or ICS for your business!
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1When deposited funds are exchanged on a dollar-for-dollar basis with other institutions that use CDARS and ICS, our bank can use the full amount of a deposit placed through CDARS and ICS for local lending, satisfying some depositors' local investment goals or mandates. Alternatively, with a depositor's consent, our bank may choose to receive fee income instead of deposits from other participating institutions. Under these circumstances, deposited funds would not be available for local lending.
Deposit placement through CDARS or ICS is subject to the terms, conditions, and disclosures in applicable agreements. Although deposits are placed in increments that do not exceed the FDIC standard maximum deposit insurance amount ("SMDIA") at any one destination bank, a depositor's balances at the institution that places deposits may exceed the SMDIA (e.g. before settlement for deposits or after settlement for withdrawals) or be uninsured (if the placing institution is not an insured bank). The depositor must make any necessary arrangements to protect such balances consistent with applicable law and must determine whether placement through CDARS or ICS satisfies any restrictions on its deposits. A list identifying IntraFi network banks appears at https:/www.intrafi.com/network-banks. The depositor may exclude banks form eligibility to receive its funds.
IntraFi, ICS, CDARS, and Certificate of Deposit Account Registry Service are registered services marks, and IntraFi Cash Service is a service mark, of IntraFi Network., LLC.
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