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Protect a higher account balance.

For customers with an account balance over the FDIC insurance limit of $250,000, IntraFi® Network DepositsSM can help you protect your savings.


client meeting with representative

Protect your savings.

We will work with other network banks to disperse your funds into several smaller accounts that are all below the FDIC limit.

What Do You Need to Do?

  • Sign a Single Deposit Placement Agreement with Ion Bank
  • Select an interest rate maturity based on our current CD terms
  • From here, the funds get deposited, and the CD is issued
  • Receive written confirmation of deposits and a listing of all CDs

Protect Your Savings

As a member of the IntraFi® Network DepositsSM network, Ion Bank ensures all deposited funds get covered by FDIC insurance.

Handling the full transaction, we break apart your deposit into smaller accounts, which are placed with other network banks. These banks then issue Certificate of Deposits in amounts under FDIC limits, which makes the full investment FDIC insured. Throughout the process, you receive one rate and a single statement.

To learn more about IntraFi® Network DepositsSM, contact Ion Bank today!


*IntraFi® Network DepositsSM and the disclosure to IntraFi Network Deposits is a service mark of “IntraFi Network LLC”.