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Certificate of Deposit Account Registry Service® (CDARS)

CDARS provides security and peace of mind beyond the $250,000 FDIC insurance. You can invest multiple millions of dollars and be eligible for FDIC insurance on every dollar. Any funds you deposit in a CD in excess of the $250,000 coverage amount are placed in CD accounts with other banks in the CDARS network, giving you access to many banks with the convenience of dealing with one.