Safe, insured deposits
Our IntraFi Network Deposit options, ICS®, the IntraFi Cash Service℠, and CDARS®, offer a simplified and secure financial solution amidst the marketplace. When the market is uncertain, these products can be good options for your business to continue earning interest in a convenient, and protected way. Access millions in aggregate FDIC insurance on checking, savings, money market, and CD deposit accounts and experience the convenience of one consolidated statement.
Let’s talk about how IntraFi Network Deposits can work for you.
[1] When deposited funds are exchanged on a dollar-for-dollar basis with other institutions that use ICS, our bank can use the full amount of a deposit placed through ICS for local lending, satisfying some depositors’ local investment goals or mandates. Alternatively, with a depositor's consent, our bank may choose to receive fee income instead of deposits from other participating institutions. Under these circumstances, deposited funds would not be available for local lending.
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 coverage at the network banks. The depositor may exclude banks from eligibility to receive its funds. To meet conditions for pass-through FDIC deposit insurance, deposit accounts at FDIC-insured banks in IntraFi’s network that hold deposits placed using an IntraFi service are titled, and deposit account records are maintained, in accordance with FDIC regulations for pass-through coverage. 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, ICS, IntraFi Cash Service, IntraFi logo, and IntraFi hexagon are registered trademarks of IntraFi LLC.
*Limits apply. Funds may be submitted for placement only after a depositor enters into a CDARS Deposit Placement Agreement or ICS Deposit Placement Agreement. This agreement contains important information and conditions regarding the placement of funds.
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If you click the "Continue" link below, you'll leave our site and enter a third party's site whose non-deposit products: are not insured by the FDIC; are not deposits; and may lose value.
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