CDARS
Take your investments to new heights with Flagstar Bank’s CDARS options.
Secure your money with FDIC protection on multimillion-dollar CD deposits.1
At Flagstar, we want to help protect your money as well as foster its growth. Your organization’s multimillion-dollar accounts can benefit from CD-level interest rates and full FDIC insurance with the Certificate of Deposit Account Registry Service® (CDARS). Our dedicated expert team will disperse your funds into various CDs across the CDARS network, and we will carefully track each account making sure they don’t exceed the standard FDIC insurance maximum. Protecting your money is our highest priority, and by storing your funds this way, both your principal and interest will always receive full FDIC protection.
FEATURES YOU'LL LOVE:
- Assess no wire fees related to investment or redemption of funds
- Offers a secure and FDIC insured way to invest excess funds
- Eliminates the need to manage funds at multiple financial institutions
- Offers interest calculated on a 365-day basis
- Features no annual fees, subscription fees, wire fees, or transaction fees
- Includes emailed reminder notification at maturity
- Includes an option to receive weekly CDARS rates via email
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1Limits apply. Funds may be submitted for placement only after a depositor enters into a CDARS Deposit Placement Agreement with us. The agreement contains important information and conditions regarding the placement of funds. CDARS and Certificate of Deposit Account Registry Service are registered service marks of Promontory Interfinancial Network, LLC.