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Protect Your Large Deposits

Keep Large Deposits Insured with CDARS®

Get multi-million dollar FDIC protection for your business’s large deposits with CDARS at Independent Bank.
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Let our team of experts help you find the right solutions to support your business growth and financial goals.

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CDARS FAQs

Answers to Common Questions About CDARS

How does CDARS protect large deposits with FDIC insurance?
CDARS breaks down large deposits into smaller increments and distributes them across multiple banks within its network, ensuring full FDIC insurance coverage for both principal and interest.
Do I need to manage relationships with multiple banks to use CDARS?
No. With CDARS, you only work with Independent Bank while still accessing FDIC insurance through partner banks in the network.
Can I choose the maturity dates for my CDARS deposits?
Yes, you can select the maturity dates that align with your business’s needs, just like any other certificate of deposit.
Is there a minimum deposit requirement to use CDARS?
Yes, CDARS is designed for large deposits. Contact our team for more details on the minimum requirements.

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