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CDARS

Enjoy multi-million FDIC insurance. That’s smart investing.

 

 

As a member of the Certificate of Deposit Account Registry Service (CDARS), Rockland Trust can provide you with easy access to multi-million dollar FDIC protection on your Certificate of Deposit (CD) investments.

What is CDARS?

CDARS is the easiest, most convenient way for individuals, businesses, and public entities to enjoy full FDIC insurance on deposits larger than $250,000.

Why is that? 

One Bank: Everything is handled by Rockland Trust—the bank where each relationship matters.  Your large deposit is broken up into amounts within the $250,000 FDIC insurance limit and placed in other safe and secure banks who are members of the CDARS network.  Those member banks then issue CDs in amounts within the $250,000 FDIC insurance limit so that your entire investment, plus interest, is fully insured by the FDIC.1

Various CDs on One Statement: Choose multiple CDs from a list of varied terms and competitive rates, and receive one all-encompassing statement listing your CDs along with their maturity dates and interest earned.

And, as always, your personal and confidential information remains protected. 

Why choose CDARS?

Safety: Enjoy the peace of mind that comes with investing your money with an institution that values your relationship and get access to multi-million dollar FDIC insurance.

Convenience: Work with one bank – Rockland Trust, and stop running from bank to bank for full FDIC insurance coverage.

Performance: Your money earns CD-level returns which may compare favorably with other investment alternatives, including Treasuries, corporate sweep accounts, and money market funds.

Is it for me?

Rockland Trust is excited to offer the CDARS service, a safe and exciting feature for all customers.  Anyone interested in the convenience of working with a single bank with the security of full FDIC insurance can benefit.

  • Individuals
  • Advisors of all types:
    Trustees, Lawyers, 
    Accountants
  • Businesses
  • Non-Profits and Public Funds

To learn more about CDARS and how to participate:

  • Call 508.732.7072
  • Visit your local branch
  • Visit www.cdars.com

Additional Resources

Helping you every step of the way

Account Selector

Not sure what savings account is best for you?

CD Rates

View our list of varied terms and competitive rates

FDIC Insurance

Need more information about FDIC insurance?

Find a Branch Location

Let us help...
1. Funds may be submitted for placement only after a depositor enters into the CDARS Deposit Placement Agreement with Rockland Trust. The agreement contains important
information and conditions regarding the placement of funds by us.
 
CDARS is a registered service mark of Promontory Interfinancial Network, LLC.