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CDs offer flexible, competitively priced investments through tiered interest rates. CDs are a good choice for businesses looking for long and short term investments.
By providing access to up to $50 million in FDIC insurance through a single bank, CDARS® (Certificate of Deposit Account Registry Service) can help simplify and improve the financial performance of businesses. With access to full insurance, businesses can say "goodbye" to surety bonds and collateralization requirements. With CDARS, businesses get one bank, one rate and one statement.
These benefits can reduce businesses administration burdens and provide organizations with more time to focus on profit-generating activities. West Bank offers this type of CD with several term options available. To learn more about CDARS, contact us at 515-222-2300 or 1-800-810-2301.
Depositors must enter into the CDARS Deposit Placement Agreement. The agreement contains important information and conditions.
CDARS is a registered service mark of Promontory Interfinancial Network, LLC.