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One Bank.
You work with us –the
bank you know and trust –to secure large deposits (from $10,000 to
$50,000,000).
One Rate. You earn one interest
rate on your CD investments through CDARS. With CDARS, there is no
need to negotiate multiple rates or manually tally disbursements for
each CD.
One Statement.
You receive one regular statement detailing your CD investments.
You no longer need to consolidate statements at the end of each month,
quarter, or year.
No Fees. There are no hidden fees of
any kind. We do not charge annual fees, subscriptions fees,or
transaction fees for using the CDARS service; the rate you see is the
rate you get.
No Collateralization. Because CDARS
deposits are eligible for full FDIC protection, you may not need to
collateralize your deposits, thus eliminating the time-consuming task
of tracking collateral values.
A Wide Variety of Maturities. You
can select from various maturities –ranging from 4 weeks to 5 years
(260 weeks) –and choose the terms that best suit your investment
needs. You also can ladder your CDs or combine maturities to
effectively create a customized term.
Community Investment. Your funds can
support lending initiatives, including special development projects
that strengthen the local community.2 |
