Through CDARS (The
Certificate of Deposit Account Registry Service),
BankFinancial will spread your money among other member banks, ensuring that your principal and interest never get above FDIC insurance limits. You don’t have to open accounts at different banks or read statements from each of those banks - you just use the CDARS program. Visit the
CDARS website to learn more.
Advantages Include1
- Access to multi-million-dollar FDIC insurance coverage
- Various terms available
- One statement from BankFinancial
- Limits apply. Funds may be submitted for placement only after a depositor enters into the CDARS Deposit Placement Agreement with BankFinancial. The agreement contains important information and conditions regarding the placement of funds by us.
CDARS and Certificate of Deposit Account Registry Service are registered service marks of Promontory Interfinancial Network, LLC.