Certificate of Deposit Account Registry Service (CDARS®)
CDARS* provides the ultimate security
Competitive CD rates
Choose from a variety of terms
One relationship, one statement, one rate per maturity
Minimum CDARS investment of $100,000
The safest way to grow your money.
How much do you value peace of mind? Apple Bank participates in the Certificate of Deposit Account Registry Service (CDARS)* program offered by Promontory Interfinancial Network, LLC, offering safety-conscious investors access to multi-million dollar FDIC insurance protection on large CD investments. You’ll have access to competitive CD rates with a variety of terms after entering into a CDARS Deposit Placement Agreement with us. Best of all, you’ll have a relationship with one bank, one statement and one rate per maturity. Ask your Apple banker for more information.
*CDARS satisfies the FDIC’s requirements for agency pass-through deposit insurance coverage. Limits apply. Funds may be submitted for placement only after a depositor enters into a CDARS Deposit Placement Agreement with us. The agreement contains important information and conditions regarding the placement of funds by us. If a depositor is subject to restrictions with respect to the placement of funds in depository institutions, it is the responsibility of the depositor to determine whether the placement of the depositor’s funds through CDARS satisfies those restrictions. Note: To enter into a CDARS agreement, the customer must maintain a valid U.S. Tax Identification Number (TIN).CDARS is a registered service mark of Promontory Interfinancial Network,LLC.