Certificate of Deposit Account Registry Service®, (CDARS)
Protect your investments with Central Bank Certificate of Deposit Account Registry Service® (CDARS®). This service provides access to security and peace of mind for accounts which exceed $250,000. We handle everything through our bank, breaking your large deposit into smaller amounts and placing it with other banks that belong to a special network. Then, those member banks issue CDs in amounts below $250,000, so that your entire investment is eligible for FDIC insurance. You earn one rate on your entire investment and receive one regular account statement listing all of your CDs. Now, you can invest up to $50 million and be eligible for FDIC insurance on every dollar.