Certificate of Deposit Account Registry Service (CDARS)
Gain peace of mind with up to $50 million in FDIC insurance.
All depositors are insured by the Federal Deposit Insurance Corporation (FDIC) up
to at least $250,000 per insured bank, but placing your money in our Certificate
of Deposit Account Registry Service® (CDARS) network guarantees up to $50 million
in FDIC insurance coverage.
How? We spread out your funds in amounts up to $250,000 at in-network banks across
the country, ensuring full coverage at each institution. We manage the money for
you so that you sign only one agreement, earn only one rate and receive only one
Forget trying to split up your cash among different banks for safety; our experts
will manage the multi-bank relationships for you, all without any service fees.
CDARS is for individuals or businesses that can deposit at least $40,000 with Bank
of American Fork. Rates and terms are negotiable in order to create a customized
package that fits your needs.
Contact a business banker
today to get started with CDARS.
CDARS and Certificate of Deposit Account Registry Service are registered service
marks of Promontory Interfinancial Network, LLC.