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CDARS®

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CDARS®

CDARS® is the safest, most convenient way to access multi-million dollar FDIC insurance. Using CDARS, you can enjoy peace of mind on your large deposits while working directly with just one bank.

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Summary
  • Access to mutli-million-dollar FDIC insurance
  • CD level interest rates
  • Various terms available
  • One statement
  • Reduced administrative burden

Limits apply. Funds may be submitted for placement only after a depositor enters into the CDARS Deposit Placement Agreement with Suburban Bank & Trust. The agreement contains important information and conditions regarding the placement of funds by us.

CDARS is a registered service mark of Promontory Interfinancial Network, LLC.

How Does CDARS Work?

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 - SBT - you can receive insurance through many.

Limits apply. Funds may be submitted for placement only after a depositor enters into the CDARS Deposit Placement Agreement with Suburban Bank & Trust. The agreement contains important information and conditions regarding the placement of funds by us.

CDARS is a registered service mark of Promontory Interfinancial Network, LLC.