CDARS®
Access to Multi-Million-Dollar FDIC Insurance for Large-Deposit Investors
What
CDARS®, the Certificate of Deposit Account Registry Service®, is a nationally recognized program which allows clients with high investable balances to access FDIC insurance coverage beyond the standard FDIC insurance maximum ($250,000).
More Secure
Access multi-million-dollar FDIC insurance on CD investments.
Easy & Simple
All you do is make your deposit through us and sign up for CDARS. We will offer you a choice of maturities and corresponding interest rates from which to select. Your account statements will come from Capital Pacific Bank and your privacy is protected.
Attractive Returns
You'll find we offer rates that may compare favorably with other high-quality, fixed income investments.
Local Benefits
By using CDARS, investors will make more funds available in our community, unlike money market mutual funds and government securities investments. Your CDARS deposits will be put to work right here at home, enabling Capital Pacific Bank to make loans to local individuals and businesses that will then serve to help fuel our local economy.*
Please contact one of our client service officers for more information.
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.
*When funds are exchanged on a dollar-for-dollar basis with other banks in the CDARS Network, we can use the full amount of deposits placed through CDARS for local lending, which may satisfy some depositors’ local investment goals or mandates. Alternatively, with a depositor’s consent, we may choose to receive fee income instead of deposits from other banks. Under these circumstances, deposited funds would not be available for local lending.
