Always there for you
CDARS is the Certificate of Deposit Account Registry Service. It is the easiest, most convenient way to access FDIC insurance on large deposits. Through CDARS, you can access multi-million-dollar FDIC insurance coverage on your CD deposits.
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 – our bank – you can receive insurance through many.
With CDARS, we can offer you significant benefits such as:
For more information about CDARS, please call us at (203) 783-5700.
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.
24 Hour Automated Account Information 1 (800)-340-4862
Toll-free 1 (800)-554-8969
33 Broad Street
Milford, CT 06460
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