CDARS

(redirected from Certificate of Deposit Account Registry Service)
AcronymDefinition
CDARSCertificate of Deposit Account Registry Service (Promontory Interfinancial Network, LLC.)
CDARSCentre de Distribution Alimentaire de la Rive Sud
CDARSClient Data Analysis and Retrieval System
CDARSCommissariat au Développement de l’Agronomie Saharienne
CDARSClinical Development Analysis and Reporting System
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References in periodicals archive ?
The board approved the request from Brad McCormick, the treasurer, to open accounts with Banterra Bank to enable participation in its Certificate of Deposit Account Registry service and its Insured Account Sweep.
* The Certificate of Deposit Account Registry Service (CDARS) is a great option for investing excess funds with one bank, at one rate, while garnering the power of those funds being insured by multiple financial institutions.
Treasury investors can search for these banks and place $250,000 per tax ID, or they can use products like CDARS (Certificate of Deposit Account Registry Service) or FICA (Federally Insured Cash Account) that break up large deposits and distribute them to banks in pieces small enough to keep full FDIC insurance, says Lansky, who sells the FICA product.
Most importantly, NUVO Bank & Trust Company is state chartered and is a member of the Federal Deposit Insurance Corporation and the Certificate of Deposit Account Registry Service, and is an Equal Housing Lender." This bank is headquartered in Springfield, Massachusetts.
Additionally, participation in the Certificate of Deposit Account Registry Service (CDARS) allows the bank to offer full FDIC insurance coverage on CD investments.
While the state's credit unions can serve as parking spots for CD for schools and municipalities, Hune said they are not considered members of the Certificate of Deposit Account Registry Service program because the network restricts membership to FDIC-insured banks.
To insure even greater sums--up to $50 million--take advantage of a program called Certificate of Deposit Account Registry Service. Here's how it works.
The Certificate of Deposit Account Registry Service (CDARS) allows depositors to earn CD-level interest rates in one account, rather than capping CDs at $100,000, the traditional Federal Deposit Insurance Corp.
Through a relatively new service called the Certificate of Deposit Account Registry Service, or CDARS, banks can offer their customers up to $5 million in federal deposit insurance coverage on deposits placed through one bank.
The Certificate of Deposit Account Registry Service (CDARS) has developed by Promontory Interfinancial network, a financial services technology company led by former Comptroller of the Currency, Eugene A.
The board approved the request from Brad McCormick, the board treasurer, to open accounts with Banterra Bank to enable participation in its Certificate of Deposit Account Registry service and its Insured Account Sweep program.
Save the time and energy of opening up multiple bank accounts by taking advantage of the Certificate of Deposit Account Registry Service (CDARS).
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