ICS and CDARS
Safeguard deposits over $250,000 with IntraFi® NetworkSM
Access multi-million dollar FDIC insurance and earn interest, all through a single relationship with TFNB Your Bank For Life. IntraFi® NetworkSM is the smart, secure, and convenient way to safeguard your large deposits.
How does IntraFi® NetworkSM work?
Institutions that offer IntraFi® Network<sup>SM</sup> are members of the ICS Network and/or CDARS Network. When you place a large deposit with our bank using ICS or CDARS, that deposit is divided into amounts under the standard FDIC insurance maximum of $250,000 and is placed into demand deposit accounts at other ICS Network banks when using ICS or CDs at other CDARS Network banks when using CDARS. By working directly with our bank, you can access FDIC coverage from many and enjoy the convenience of receiving just one monthly statement per service utilized. And, as always, your confidential information is protected.
When you're ready to take advantage of ICS, here's what happens:
Ready to take advantage fo CDARS? Here's what happens:
Frequently Asked Questions
What can ICS® and CDARS® do for me?
With the ICS and CDARS services, you can:
- Rest assured. Make even large deposits eligible for protection that’s backed by the full faith and credit of the federal government.
- Earn interest. Put excess cash balances to work by placing funds into demand deposit accounts using the ICS demand option, money market deposit accounts using the ICS savings option, and/or interest-bearing certificates of deposit (CDs) using CDARS. Earn one rate on your ICS savings deposits, one rate on your ICS demand deposits, and one rate per maturity for your CDARS deposits.
- Save time. Work directly with just our bank—a bank you know and trust. Forego opening accounts under different insurable capacities or managing multiple bank relationships. Receive just one monthly statement for each service from us summarizing your account activity and balances. And, if you are accustomed to collateralization, reduce the need to track collateral on an ongoing basis.1
How can deposits greater than the standard FDIC insurance maximum be eligible for insurance by the FDIC?
How often can I access my funds?
How has custody of my funds?
Who provides the additional FDIC insurance when my funds are placed using ICS and/or CDARS?
Is my account information safe?
Talk with a professional about
ICS and CDARS
Fill out the form below and we’ll have a member of our team reach out to answer any questions.
 When deposited funds are exchanged on a dollar-for-dollar basis with other banks in the ICS or CDARS Network, we can use the full amount of a deposit placed through ICS or CDARS for local lending, satisfying some depositors’ local investment goals or mandates. Alternatively, with a depositor’s consent to certain types of ICS or CDARS transactions, our bank may choose to receive fee income instead of deposits from other banks. Under these circumstances, deposited funds would not be available for local lending.
Placement of funds through the ICS or CDARS service is subject to the terms, conditions, and disclosures in the service agreements, including the Deposit Placement Agreement (“DPA”). Limits apply and customer eligibility criteria may apply. Unlimited program withdrawals are available with ICS only when using the ICS demand option. Although funds are placed at destination banks in amounts that do not exceed the FDIC standard maximum deposit insurance amount (“SMDIA”), a depositor’s balances at the relationship institution that places the funds may exceed the SMDIA (e.g., before ICS or CDARS settlement for a deposit or after ICS or CDARS settlement for a withdrawal) or be ineligible for FDIC insurance (if the relationship institution is not a bank). As stated in the DPA, the depositor is responsible for making any necessary arrangements to protect such balances consistent with applicable law. If the depositor is subject to restrictions on placement of its funds, the depositor is responsible for determining whether its use of ICS or CDARS satisfies those restrictions. ICS, Insured Cash Sweep, and CDARS are registered service marks of Promontory Interfinancial Network, LLC.