CDARS® & ICS®
Explore how CDARS & ICS can help you.
- CDARS and ICS are services from IntraFi®.
- Financial institutions nationwide use IntraFi’s services to help depositors secure and grow their funds. See Terms and Conditions.
- These programs enable you to access multi-million dollars in aggregate FDIC insurance protection across network banks on your savings deposits through a single banking relationship with Apple Bank.
- Your large deposit is divided into amounts under the standard FDIC insurance maximum of $250,000.
- The funds are then placed into money market accounts through ICS or CD accounts through CDARS at other network banks.
Figure 1: Through one bank relationship, you can access millions of dollars in aggregate FDIC insurance coverage across many in the IntraFi Network.
Compare the benefits of CDARS & ICS.
Have questions? We're here to help.
An Apple banker at your local branch is ready to assist you.
Or call: 914-902-2775 | TDD: 800-824-0710
A list identifying IntraFi network banks can be found at www.IntraFi.com/network-banks. Certain conditions must be satisfied for “pass-through” FDIC deposit insurance coverage to apply. To meet these conditions, deposit accounts are titled, and deposit account records are maintained, in accordance with FDIC regulations for pass-through coverage.
Deposit placement through an IntraFi service is subject to the terms, conditions, and disclosures in applicable agreements. Deposits that are placed through an IntraFi service at FDIC-insured banks in IntraFi’s network are eligible for FDIC deposit insurance coverage at the network banks. The depositor may exclude banks from eligibility to receive its funds. Although deposits are placed in increments that do not exceed the FDIC standard maximum deposit insurance amount (“SMDIA”) at any one bank, a depositor’s balances at the institution that places deposits may exceed the SMDIA before settlement for deposits or after settlement for withdrawals. The depositor must make any necessary arrangements to protect such balances consistent with applicable law and must determine whether placement through an IntraFi service satisfies any restrictions on its deposits. IntraFi, the IntraFi logo, ICS, CDARS, and It Pays to Be Safe are registered trademarks of IntraFi LLC.