CDARS
Certificate of Deposit Account Registry Service

  • Multi-million dollar FDIC insurance on CD investments…one bank, one rate, one statement.
  • Full FDIC insurance coverage on deposit amounts larger than $250,000 at one financial institution.
  • Your large deposit is broken into smaller amount and placed with other banks that are members of a special network. Then those member banks issue CDs in amounts under the FDIC limit, so that your entire investment is eligible for FDIC insurance. By working with one bank, you can receive insurance from many.
  • One rate on your entire investment…forget about multiple rate negotiations and the need to consolidate multiple disbursement checks.
  • One statement, you receive one regular account statement listing all of your CDs along with their issuing banks, maturity dates, interest earned and other details. With CDARS there is no need to manually consolidate statements, track changing collateral values or use private surety bonds.


Click here to find out how CDARS works.