Through the CDARS® service, CBank can provide you with easy access
to multi-million dollar FDIC protection on your CD investments.

How does CDARS work? We are part of a special network. When you place a large amount with us, we place your funds into CDs issued by other banks in the network – in increments of less than $100,000 – so that both principal and interest are eligible for complete FDIC protection. As a result, you can receive coverage from many banks while working with just one. Click Here to view the How CDARS Works Video. What else should I know? CDARS can significantly reduce your administrative burdens, especially during tax and financial reporting seasons; there’s no need to manually consolidate statements or interest disbursements or to calculate blended rates. Additionally with CDARS, you can say “goodbye” to surety bonds, collateralization requirements (like monitoring changing collateral values on a recurring basis), and opening accounts at different banks in different insurable capacities. All of this can save you time and money. As always, your confidential information remains protected.

There are no annual, subscription, or transaction fees for using the CDARS service.

Currently, CD rates compare favorably to Treasuries, Money Market Funds and Commercial Sweep Accounts.

Funds may be submitted for placement only after a depositor enters into an agreement with us. CDARS is a registered service mark of Promontory Interfinancial Network, LLC. General 8/07