A Safer Way to Bank
Through ICSSM, the Insured Cash SweepSM service, you can access multi-million-dollar FDIC insurance on savings deposits (money market deposit accounts), earn interest, and withdraw funds up to six times per month.
Who can benefit from ICS? Organizations that value security and convenience, including businesses, nonprofits, and other large-dollar depositors.
Find financial institutions offering ICS and safely put your money to work!
To learn how to earn CD-level interest (instead of money-market-deposit-account interest),
please visit www.cdars.com.
View this short video to learn how ICS works.
To view the video, you need to install Flash 7 or a higher version of this program on your computer.
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. ICS and Insured Cash Sweep are service marks of Promontory Interfinancial Network, LLC.