Safety. Return. Access.
A Smarter Way To Bank.
With ICS®, the Insured Cash Sweep® service, you can secure your large deposits while maintaining access to funds.
Plus, have the potential to earn interest on funds placed into demand deposit accounts or money market deposit accounts, and:
Enjoy peace of mind knowing your ICS funds are eligible for multi-million-dollar FDIC insurance, protection thats backed by the full faith and credit of the United States government. No one has ever lost a penny of FDIC-insured deposits.
Earn interest on ICS funds placed into demand deposit accounts using the demand option or money market deposit accounts using the savings option.
Access funds through unlimited program withdrawals (using the ICS demand option) or up to six program withdrawals per month (using the ICS savings option). Your funds can be placed using either or both ICS options to best match your cash management and liquidity needs.
View this short video to learn how Insured Cash Sweep works.
Placement of customer funds through the ICS service is subject to the terms, conditions, and disclosures set forth in the agreements that a participating institution’s customer enters into with that institution, including the ICS Deposit Placement Agreement. Limits and customer eligibility criteria apply. Program withdrawals are limited to six per month when using the ICS savings option. ICS, Insured Cash Sweep, and CDARS are registered service marks of Promontory Interfinancial Network, LLC.