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.
CDARS is the easiest, most convenient way for individuals, businesses, and public entities to enjoy full FDIC insurance on deposits larger than $250,000.
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.
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.
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.
To learn more about CDARS and how to participate: