CapitalMark offers you access to multi-million-dollar FDIC insurance coverage through CDARS® - the Certificate of Deposit Account Registry Service®. Everything is handled through our bank. Your large deposit is broken into smaller amounts and placed with other banks that are members of the CDARS Network. Then, those banks issue CDs in amounts under the standard FDIC insurance maximum, so that your investment is eligible for FDIC protection. By working directly with just one bank – CapitalMark – you can receive insurance through many. You receive one regular monthly statement outlining your CDs, which may vary in terms from 4 weeks to 5 years.
CDs placed through CDARS not right for you? Ask us about our new exciting solution that combines the flexibility of money market deposit accounts with access to multi-million-dollar FDIC insurance. Save time and money -- let CapitalMark do your heavy lifting when it comes to making sure your deposits are eligible for FDIC insurance.
For more information on CDARS, visit: www.cdars.com.
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.