Bank Safe, Bank Smart®
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.
Thousands of banks offer ICS.
Find out if yours is one of them.
knowing your ICS funds are eligible for multi-million-dollar FDIC insurance, protection that's backed by the full faith and credit of the United States government.
through unlimted program withdrawals (using the ICS demand option) or up to six program withdrawals per month (using the ICS savings option).
on ICS funds placed into demand deposit accounts using the demand option or money market deposit accounts using the savings option.
To access multi-million-dollar FDIC insurance on CD investments while working with just one financial institution, visit CDARS.
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.
© 2014 Promontory Interfinancial Network, LLC | Patents