CDARS® - Certificate of Deposit Account Registry Service | Ion Bank
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All of us at Ion Bank wish you a happy holiday season.
Our holiday hours are Dec. 24 – close at 3pm, Dec. 25 – closed, Dec. 31 – close at 5pm, Jan. 1 – closed.

CDARS® Program

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.

For more information,
contact Ion Bank, today!

Get Started

Minimum balance required is $200,000
Subject to early withdrawal penalties

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