CDARS & ICS
Certificate of Deposit Account Registry Service® (CDARS) and Insured Cash Sweep® (ICS) are smart, convenient cash management or longer-term investment tools for large deposits over the standard FDIC insurance maximum of $250,000.
Safe, insured investments
Turn your business’s deposits into profit with FDIC insured investments and accounts today. Our CDARS and ICS products offer a simplified and secure financial solution amidst any marketplace. Access multi-million-dollar FDIC insurance on CD investments by selecting a maturity that best suits you and experience the convenience of one consolidated statement, one negotiated rate per maturity, and no hidden annual or subscription fees.
Contact a banking professional at Westfield Bank to learn how your business can earn interest on large deposits in a convenient, and protected way.