Manage and Protect Large Deposits while Earning Competitive Interest Rates

CDARS® (Certificate of Deposit Account Registry Service®) helps customers manage large cash balances through a single banking relationship while accessing expanded FDIC insurance coverage and competitive CD-level interest rates.

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CDARS® Features

Whether you’re managing funds from a business sale, inheritance, real estate transaction, retirement portfolio, or other significant assets, CDARS provides a convenient solution for safeguarding deposits while earning competitive returns.

Earn Competitive CD-Level Interest Rates

Receive competitive Certificate of Deposit rates that align with your liquidity needs, financial goals, and investment timeline

Access Multi-Million-Dollar Investments

CDARS makes it possible to place larger deposit amounts while maintaining expanded FDIC insurance protection

Expanded FDIC Insurance Coverage

Access FDIC insurance coverage on eligible deposits up to $30 million while working through a single financial institution

One Bank Relationship

Manage large deposits through Peoples rather than maintaining multiple accounts across numerous financial institutions

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When You Open a CDARS®


Interest Rates

Rates vary weekly, but customers receive one rate for all funds placed through CDARS.

Fees

Fees vary by customer. Contact a Peoples Bank banker for current details.

Availability

CDARS accounts can be opened by visiting a Peoples Bank branch location.

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