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|Access multi-million dollar FDIC insurance coverage by working with just us - the bank you know and trust.|
|Negotiate one rate with our bank for each CD maturity and enjoy the option of reinvesting funds through a simple process.|
|Receive one easy-to-read statement from our bank summarizing all of your CD holdings.|
Now your large CD deposits could be eligible for full FDIC insurance through our new Certificate of Deposit Account Registry Service (CDARS). $500,000 minimum opening deposit; $50,000,000 maximum.
- The safety of FDIC insurance for large deposits.
We place funds through CDARS, with deposits of over $250,000 divided into smaller CDs at multiple financial institutions. This permits the full amount to be eligible for FDIC insurance.
- Competitive CD rates.
You agree to an interest rate with us for a CD maturity period you've selected. Rates compare favorably with those of other high-quality, fixed-income investments.
- Interest-payment flexibility.
Choose to have your CD interest paid monthly or at maturity.
- Management convenience.
Manage all your CD investments through Republic Bank and receive a single, consolidated monthly statement summarizing your deposits.
- The security of working with a bank that you trust.
When you make a deposit through CDARS, you deal only with the people you know and trust at Republic Bank. All your private financial information is protected and secure.
Need more information? Contact one of our Treasury Management Specialists at 1-866-534-2341.