CDARS

About CDARS

The safety of FDIC insurance coverage...the convenience of a local bank relationship

Through the Certificate of Deposit Account Registry Service, or CDARS, Community Bank offers you a safe, convenient way to put your cash to work by having all of your CDs in one financial institution. Benefit of FDIC insurance protection of every dollar up to $50,000,000 plus your personal financial information is protected.

Built and rigorously tested by seasoned banking professionals and experienced technology architects, CDARS is a proven system that serves the needs of companies, public funds organizations, individuals and non-profits across the United States.

A safe, convenient solution for large-deposit investors

Until now, there were few ways an investor could enjoy full FDIC insurance on deposits larger than $100,000: open and maintain accounts with multiple banks or invest with one bank by transferring ownership and registering accounts in the names of family members or corporate affiliates.

Through CDARS, the large deposits of consumers and businesses can now be placed by Community Bank into smaller-denomination CDs at multiple institutions. This service can offer you significant benefits:

• > Safety of FDIC insurance for large deposits: Because funds are placed in FDIC-insured CDs that are issued by Network members, your total deposits over $100,000 can be eligible for full FDIC coverage, up to $50 million.
• > CD interest Rates may compare favorably with those of other high-quality, fixed-income investments
• > Management convenience: You can manage all of your CD investments through a single relationship.
• > Security of working with a trusted, local source: Your transaction is managed by the people you know and trust at Community Bank.
• > Simplified Record Keeping: Community Bank will provide a consolidated 1099 that reports your taxable income.

Other Key Benefits

By placing your funds through CDARS, you can earn income, preserve capital, access FDIC insurance on your total deposit, and benefit from the security that comes with a Community Bank relationship.

Member FDIC

Funds may be submitted for placement only after a depositor enters into the CDARS Deposit Placement Agreement. The agreement contains important information and conditions regarding the placement of funds by Community Bank. Please read the agreement carefully before signing. CDARS and Certificate of Deposit Account Registry Service are service marks of Promontory Interfinancial Network, LLC.