CDARS

CDARS

CDARS - Certificate of Deposit Account Registry Service


The ultimate in security and convenience for large-deposit investors, OIB can now guarantee full FDIC insurance on deposits larger than the standard $250,000 maximum. This effortless solution replaces a mountain of management and eliminates several middle-men between you and your money.

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Summary
  • Full FDIC insurance on deposits up to $50 million
  • All CD investments managed through a single relationship
  • Flexible maturity periods available
  • Interest paid directly to you or an account you designate
  • A single monthly statement with detailed listing
  • Annual tax summary is consolidated in one report