CDARS / ICS
Looking for a way to keep large deposits safe?
Experience unparalleled security for your large deposits with CDARS through VisionBank. By leveraging the Certificate of Deposit Account Registry Service, you can enjoy full FDIC insurance on multi-million dollar balances while working with just one bank. Simplify your banking and ensure the utmost protection for your funds with VisionBank's CDARS services, where your peace of mind is our priority.
Why CDARS (Certificate Deposit Account Registry Service)?
It’s one-stop shopping. With help from CDARS, you can access:
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Safety – Your money can receive FDIC insurance coverage on multi-million dollar balances.
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Convenience – You work directly with us. You earn one interest rate and receive one regular statement. Individual investors receive one year-end tax form.
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Community Investment – The full value of your money can support lending opportunities in your local community.
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CD-Level Rates – Your money earns CD-level returns which may compare favorably with other investment alternatives, including treasuries, corporate sweep accounts, and money market funds.
Why ICS (Insured Cash Sweep)?
With ICS you can:
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Enjoy Peace of Mind – ICS funds are eligible for multi-million-dollar FDIC insurance that’s backed by the full faith and credit of the United States Government.
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Earn Interest – Put excess cash balances to work in savings accounts (money market deposit accounts).
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Save Time – By providing access to FDIC insurance through a single bank relationship, ICS can help you comply with investment policy mandates.
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Access Funds – Enjoy daily liquidity in your transaction account at VisionBank; replenish the transaction account by withdrawing ICS funds up to six times per month.
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Support Your Community – Feel good knowing that the full amount of your funds placed through ICS can stay local to support lending opportunities that build a stronger community.
Contact Us to Learn More.
