CDARS

With CDARS¹, the Certificate of Deposit Account Registry Service®, your business can still enjoy the security of FDIC insurance on CDs over the standard deposit limit. As part of a larger network of financial institutions, you can invest your money with different institutions allowing you to receive FDIC coverage, while working solely with CoreFirst to meet your objectives.

Benefits:

  • The safety of having your deposits insured by the FDIC
  • Multiple terms available to manage your liquidity needs
  • The convenience of having multiple CDs, but the ability to work with only CoreFirst to manage them
  • Stability – provides one rate of return without the volatility of sweep or an investment account 

 Have more questions?

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¹Minimum $10,000 to open. Interest rates are fixed for the term of CD. A penalty may be imposed for early withdrawal. Fees could reduce earnings on account. Limits apply. Funds may be submitted for placement only after a depositor enters into a CDARS Deposit Placement Agreement with us. The agreement contains important conditions regarding the placement of funds by us. CDARS is a registered service mark of Promontory Interfinancial Network, LLC.
Transactions restricted by the Unlawful Internet Gambling Enforcement Act of 2006 (UIGEA) are prohibited from being processed through this commercial account. This prohibition became effective on June 1, 2010. Additional information can be obtained at 1.800.280.0123.