Looking to keep your large deposits safe? CDARS® offers the perfect solution.

CDARS, the Certificate of Deposit Account Registry Service®, is the most convenient way for safety-conscious investors to access FDIC insurance on multi-million dollar deposits.

With CDARS, you'll enjoy:
  • One Bank: work directly with Flagstar to secure your large deposits.
  • One Rate: earn one CD-level interest rate per maturity on your investments through CDARS.
  • You won't have to negotiate multiple rates or manually tally disbursements for each CD.
  • One Statement: receive one regular statement detailing your CD investments, eliminating the need to consolidate statements at the end of each month, quarter or year.
  • No Fees: there are no annual fees, subscription fees or transaction fees for using the CDARS service.

How does CDARS work?

As a member of the CDARS Network, Flagstar places your deposit in CDs issued by other members of the CDARS Network in amounts below the standard FDIC insurance maximum. As a result, both your principal and interest are eligible for FDIC protection.*

What else should I know?

CDARS is a safe, convenient solution for large deposit investors. CDARS eliminates managing multiple bank relationships, administering various interest rates, organizing interest disbursements from various sources, or manually consolidating monthly statements. Plus, the interest rate you earn may compare favorably with other investments such as treasuries, corporate sweep accounts and money market funds.

For current rate and term information, visit your local Flagstar branch or call (888) 248-6423.

Click for assistance, call (888) 248-6423, or visit the Banking Service Center for more information.

*Limits 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.

  • (888) 248-6423