ICS® and CDARS®

Peace of Mind

Make your entire deposit eligible for
aggregate FDIC insurance across
network banks—protection that is backed
by the full faith and credit of the federal
government. No one has ever lost a
penny of FDIC-insured deposits.

Time Savings

Say goodbye to managing multiple bank
relationships, manually consolidating
bank statements, and other time consuming
workarounds.

Flexibility

With ICS, maintain access to your funds
placed in demand deposit accounts and
money market deposit accounts. With
CDARS, select from multiple CD term
options to meet your liquidity needs.

Interest Earned

Put your funds to work. Interest rates may
compare favorably to Treasuries.

Transparent Reporting

See important account details online,
24/7. Receive one statement per service
with detailed reporting provided by us.
Your confidential information remains
protected.

Community Support

Feel good knowing that the full amount
of funds placed through ICS and CDARS
can support local lending opportunities
that build a stronger community.¹

A list identifying IntraFi network banks can be found at IntraFi.com/network-banks. Certain conditions must be satisfied for “pass-through” FDIC deposit insurance coverage to apply. To meet conditions for pass-through FDIC deposit insurance, deposit accounts at FDIC-insured banks in IntraFi’s network that hold deposits placed using an IntraFi service are titled, and deposit account records are maintained, in accordance with FDIC regulations for pass-through coverage.

[1] When deposited funds are exchanged on a dollar-for-dollar basis with other institutions that use ICS or CDARS, our bank can use the full amount of a deposit placed through ICS or CDARS 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 an IntraFi service is subject to the terms, conditions, and disclosures in applicable agreements. Deposits that are placed through an IntraFi service at FDIC-insured banks in IntraFi’s network are eligible for FDIC deposit insurance coverage at the network banks. The depositor may exclude banks from eligibility to receive its funds. To meet conditions for pass-through FDIC deposit insurance, deposit accounts at FDIC-insured banks in IntraFi’s network that hold deposits placed using an IntraFi service are titled, and deposit account records are maintained, in accordance with FDIC regulations for pass-through coverage. 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 before settlement for deposits or after settlement for withdrawals. The depositor must make any necessary arrangements to protect such balances consistent with applicable law and must determine whether placement through an IntraFi service satisfies any restrictions on its deposits. IntraFi, the IntraFi logo, IntraFi Cash Service, ICS, and CDARS are registered trademarks of IntraFi LLC.