CDARS



The product you knew as CDARS® is now called IntraFi® Network DepositsSM.  
Only the name has changed; the product has the same great benefits.
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Work with One Bank

Combine the convenience of working with one financial institution with the security of FDIC insurance!  Centric Bank CDARS service allows you to access FDIC protection for your deposits over $250,000, without having to distribute your funds through multiple institutions in order to receive coverage.  Let us do the work for you!

FDIC Insurance on Larger Balances

Your large deposits will be divided into smaller increments and placed with other CDARS Network banks.  Those FDIC-insured member banks then issue CDs in amounts under $250,000, and your deposit is eligible for FDIC insurance at each bank.
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Full insurance - Using the CDARS service, access up to $50 million in FDIC protection on CD investments.

One bank - You work solely with Centric Bank.

One rate - You earn one interest rate on CD investments placed through CDARS. With CDARS, there is no need to negotiate multiple interest rates.

One statement - You receive one regular statement detailing your CD investments. No need to consolidate statements at the end of each month, quarter, or year.

No hidden fees - There are no hidden fees of any kind. You will not be charged annual fees, subscription fees or transaction fees for using the CDARS service. The interest rate you see is the interest rate you get.

A wide variety of maturities - You can select from various maturities ranging from 4 weeks to 5 years.

Connect with a Banker

Speak with a representative at Centric Bank to discuss Certificates of Deposit and the CDARS program.
 
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.  CDARS and Certificate of Deposit Account Registry Service are registered service marks of Promontory Interfinancial Network, LLC.