ICS (IntraFi Cash Service)

Need greater FDIC insurance protection while earning interest on your large savings deposits?

Access multi-million dollar FDIC insurance protection on large savings deposits
Use your Apple Bank checking account, sign agreements and deposit funds
Deposits are placed in interest-bearing money market accounts at other FDIC-insured institutions
Unlimited withdrawals from your ICS funds
Easy online access to view your accounts

Enjoy peace of mind, knowing your large deposits are protected by multi-million dollar FDIC coverage.

Apple Bank participates in the ICS program offered by IntraFi Network LLC. The ICS program enables investors to access multi-million dollar FDIC insurance protection on large savings deposits, while earning a competitive interest rate. To get started, open or use your existing non-interest-bearing Apple Bank checking account, sign the agreements and deposit your funds. Your deposits are sent to interest-bearing money market deposit accounts at other FDIC-insured institutions in amounts under $250,000.** You can make unlimited withdrawals from your ICS funds, so you have access to your money when you need it. And with online access, you can view and monitor your accounts anytime. Stop by your local branch or make an appointment to speak to an Apple banker for more information.

*Placement of your funds through the ICS service is subject to the terms, conditions, and disclosures set forth in the agreements, including the ICS Placement Agreement, that you enter into with us. The agreement contains important information and conditions regarding the placement of funds by us. Limits and customer eligibility criteria apply. Note: To enter into an ICS agreement, the customer must maintain a valid U.S. Tax Identification Number (TIN).
**The standard FDIC insurance maximum is $250,000 per insured ownership category, per bank.