Enjoy peace of mind with full FDIC protection. CDARS distributes savings over $250,000 into CDs across different financial institutions.

Your funds remain secure as they earn competitive interest — and you’ll only ever receive statements from Select Bank. Put your higher balances to work, and let us do the work for you.

  • Full FDIC insurance on deposits up to $50 million
  • All CD investments managed through a single relationship
  • Excellent personal service
  • 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
  • Effortless solution to save time and money managing accounts