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AnchorBank participates in the national
Certificate of Deposit Account Registry Service (CDARS).
This is the easiest and most convenient way to enjoy full
FDIC insurance on deposits larger than $100,000. This program is a network of FDIC – insured
banks that provide full insurance on deposits up to $50 million
by removing the complexity of having to maintain multiple bank
relationships to get the advantages of FDIC coverage. Benefits
of this program include:
- Ease - Everything is handled through AnchorBank
- Rate - You can earn a competitive rate on each of your investments
- Simplicity - You receive one consolidated statement with
detailed information
More details are available from any personal banker, or you
can e-mail us with any
questions you may have. You can also view an informational CDARS video by clicking here.
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