CDARS®
IntraFi Network, formerly Promontory Interfinancial Network, is the leading provider of FDIC-insured deposit solutions.
Highlights
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Network Strength
The network brings scale, giving each participant access to tens of billions of dollars in funding.
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Safety and Growth
Grow relationships by offering access to expanded FDIC insurance (with or without keeping the deposits on balance sheet).
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Repurpose Collateralized Deposits
Since CDARS offers access to multi-million-dollar FDIC insurance, your bank can forego ongoing collateralization.
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A Single Financial Relationship
CDARS enables banks to offer access to FDIC insurance for large-dollar deposits through a single financial relationship.
Overview
IntraFi Network, formerly Promontory Interfinancial Network, is the leading provider of FDIC-insured deposit solutions.
While we invented reciprocal deposits, our products go beyond this breakthrough to help financial institutions access the flexibility they need to thrive.
We’re a unifying force in today’s financial ecosystem, enabling financial institutions to become more than the sum of their parts, and to do more for their customers.
Through CDARS, banks can use IntraFi Network Deposits to:
• Grow valuable relationships by offering access to expanded FDIC insurance on deposits placed into CDs (with or without keeping the underlying deposits on balance sheet)
• Manage liquidity and generate fee income by selling excess deposits
• Reduce collateralization, improving liquidity and returns
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