CDARS
Looking for a way to keep large deposits safe? Ask us about CDARS®. It's a great solution for: businesses * nonprofit organizations * public funds managers * trustees * financial advisors * individuals * credit unions * IRAs
With CDARS, you can receive up to $50 million in FDIC protection through Eastman National Bank. There are few guarantees in life - FDIC insurance is one of them. CDARS can be a valuable cash management or longer-term investment tool for you or your business.
Why CDARS?
It's one-stop shopping. With help from CDARS, you can access:
- Safety - Your money can receive up to $50 million in FDIC insurance coverage.
- Convenience - You work directly with us. You earn one interest rate and receive one regular statement. Individual investors receive one year-end tax form.
- Community Investment - The full value of your money can support lending opportunities in your local community.
- CD-Level Rates - Your money earns CD-level returns which may compare favorably with other investment alternatives, including Treasuries, corporate sweep accounts, and money market funds.
Click here for more information about CDARS.