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ICS®, or the Insured Cash Sweep® service, and CDARS® are smart, secure, and convenient ways for bank customers to access multi-million-dollar FDIC protection on large deposits, earn a return, and enjoy flexibility.

ICS/CDARS Benefits

With ICS and CDARS you can:

  • Rest assured.  Make even large deposits eligible for protection that's backed by the full faith and credit of the federal government.
  • Earn interest.  Put excess cash balances to work by placing funds into demand deposit accounts using the ICS demand option, money market deposit accounts using the ICS savings option, or interest-bearing certificates of deposit (CDs) using CDARS.  Earn one rate on your ICS savings deposits, one rate on your ICS demand deposits, and one rate per maturity on your CDARS deposits.
  • Save time.  Work directly with just our bank - a bank you know and trust.  Forego opening accounts under different insurable capacitie
    s or managing multiple bank relationships.  Receive just one monthly statement from us summarizing your account activity and balances.  And, if you are accustomed to collateralization, reduce the need to track collateral on an ongoing basis.1
  • Access funds.  Enjoy unlimited withdrawals using the ICS demand option, or make up to six program withdrawals per month using the ICS savings option.  With CDARS, select from a range of maturities (4 weeks, 13 weeks, 26 weeks, 52 weeks, 2 years, 3 years, and 5 years).

ICS and CDARS product logos

That's smart.

For more Information on FDIC Insurance.

Contact us

CDARS/ICS Contact Form

Fill out this form to contact GRB's Cash Management team.

Please do not include any non-public personal or sensitive information (such as SSN, account numbers, or income), as email messages may not be secure and/or confidential.

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1 If a depositor is subject to restrictions with respect to the placement of funds in depository institutions, it is the responsibility of the depositor to determine whether the placement of the depositor's funds through ICS or CDARS, or a particular ICS or CDARS transaction, satisfies those restrictions.
Placement of your funds through the ICS or CDARS service is subject to the terms, conditions, and disclosures set forth in the agreements you enter into with us, including the applicable Deposit Placement Agreement.  Limits apply, and customer eligibility criteria may apply.  ICS program withdrawals are limited to six per month when using the ICS savings option.  ICS, Insured Cash Sweep, and CDARS are registered service names of Promontory Interfinancial Network, LLC.