Certificate of Deposit Account Registry Service
Looking for a way to have your large Certificates of Deposit insured?
Ask us about how CDARS can work for you. It’s a great solution for individuals, businesses, non-profits, credit unions, public fund managers, financial advisors, trustees, IRAs
• Safety:
With CDARS, you can receive up to $20 million in FDIC insurance coverage.
• Convenience:
You work directly with us. You earn one interest rate and receive one monthly statement. You no longer need to open multiple accounts at multiple banks, manage multiple interest rates, organize multiple interest disbursements or manually consolidate multiple monthly statements.
• CD-level rates:
Your money earns CD-level returns which may compare favorably with other investment alternatives, including Treasuries, corporate sweep accounts, and money market mutual funds.
Find how CDARS can work for you. E-mail mary@universitybank.com for more information.
Funds may be submitted for placement only after a depositor enters into the CDARS Deposit Placement Agreement with University Bank. The agreement contains important information and conditions regarding the placement of funds. Please read the agreement carefully before signing it. CDARS is a registered service mark of Promontory Interfinancial Network, LLC.
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