Key Benefits

  • Peace of Mind: Full FDIC insurance on your entire deposit amount.
  • Simplicity: Manage all CD investments with Flanagan State Bank, while receiving coverage from multiple institutions.
  • Competitive Rates: Earn strong interest rates without dealing with multiple banks.

With a Certificate of Deposit (CD) you can earn a higher interest rate than you would with a savings account and each account holder receives up to $250,000 in FDIC coverage across all their accounts with us (savings, checking, CDs etc.)

Certificate of Deposit Account Registry Service (CDARS), also known as IntraFi® Network Deposits℠, are a way you could invest more than $250,000 in CDs yet still receive full FDIC coverage. We would accomplish this by taking your CD investments and distributing them between multiple banking partners to make sure all your CDs are fully covered by the FDIC.

Open a CDARS Account Today!

Reach out to us today by contacting us or visiting your nearest location to explore your options and start maximizing your FDIC insurance coverage.

CDARS Frequently Asked Questions
With a CDARS (IntraFi® Network Deposits℠) would I have to open accounts at other banks?

No, we would handle the distribution for you. If you withdraw your funds when a CD comes to term, you would do so using your account with us.

What kind of term lengths are available with CDARS?

Terms ranging from one month to 60 months (five years) are available, just like our regular CDs.

How much FDIC coverage can I receive through a CDAR?

CDAR investments of up to $50 million can receive FDIC coverage.