CDARS®
Maximize your deposit insurance with the Certificate of Deposit Account Registry Service -- known as CDARS®. CDARS provides full FDIC protection on up to $50 million in deposits by spreading funds across a network of banks.
Through the The PrivateBank’s CDARS service, your business gets:
- One Bank – access up to $50 million FDIC insurance by working with just us
- One Rate – negotiate one rate with The PrivateBank for each CD maturity
- One Statement – you’ll receive a single statement summarizing all of your business’ CD holdings
Other benefits include: no hidden fees, no need for collateralization and your ability to choose from maturities ranging from four weeks to three years. Please contact us to learn more.
For more information, contact:
Peter C. St. Aubin
Managing Director
312.564.1361
