Ion Bank can secure excess funds with FDIC insurance.
When your business account funds go above the FDIC insurance limit of $250,000, we ensure they stay protected and safe as a part of the Certificate of Deposit Account Registry Service (CDARS®) network.
The CDARS® service allocates your money into Certificate of Deposit (CD) accounts at other in-network FDIC-insured banks, so each account balance remains below the $250,000 limit.
High deposit account balance?
Eliminate the need to go from bank to bank with multiple CDs, secured by FDIC insurance.To learn more about how we can protect your company’s or organization’s accounts, contact Ion Bank today.
*CDARS, Certificate of Deposit Account Registry Service is a registered service marks of IntraFi Network LLC.