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