CDARS^®  is the Certificate of Deposit Account Registry Service^®. And it's the easiest, most convenient way to enjoy full FDIC insurance on deposit amounts larger than $250,000. 

WHY CDARS?

One Bank! Everything is handled through Bridgeview Bank. Your large deposit is broken into smaller amounts and placed with other banks that are members of a special network. Then, those member banks issue CDs in the amounts under $250,000, so that your entire investment is eligible for FDIC insurance. By working with just one bank – our bank – you can receive insurance from many.

One Rate! You earn one rate on your entire investment – so you can forget about multiple disbursement checks.

One Statement! You receive one account statement listing all your CDs, along with their issuing banks, maturity dates, interest earned, and other details. With CDARS, there is no need to manually consolidate statements, track changing collateral values, or use private surety bonds.

HOW DOES CDARS WORK?

1  You enter into an agreement. You sign one simple Deposit Placement Agreement with us.

2  You select an interest arte and a maturity. Based on our current CD options, you decide on a rate and a maturity that best matches your investment goals.

3  Funds are deposited. Using CDARS, we submit your funds for placement at member banks.

4  CDs are issued. Member banks issue CDs in denominations under $250,000 so your entire investment is eligible for full FDIC insurance coverage.

5  Confirmation is received. YOu receive written confirmation of your deposits and a listing of all your CDs.

That's it! Using CDARS is just that easy.

HOW CAN CDARS HELP YOU?

Any organization or individual who wants to combine the convenience of working with a single bank with the security of FDIC insurance can benefit from CDARS. They include:

Individual Savers and Investors

• Earn CD-level returns which may compare favorably with those associated with money market funds and other fixed-income investments.¹
• Capitalize on the time-saving conveniences associated with easy, consolidated statements.
• Enjoy the peace of mind associated with access to full FDIC insurance on your CDs.
• Make large, FDIC insured deposits without running around town to open accounts at multiple banks and without opening accounts under various names.

Advisors of All Types: Trustees, Trust Officers, Lawyers, Accountants, Financial Advisors/Planners, and Other Fiduciaries

• Consolidate each client's large-dollar deposits into one regular account statement.
• Consolidate each client's interest disbursements.
• Eliminate each client's need to track changing collateral values (for collateralized deposits).
• Help each client avoid the hassle associated with directly managing multiple bank relationships.

Businesses

• Earn CD-level returns which may compare favorably with those Treasures and other high quality investemnts.
• Enjoy the time-saving conveniences associated with one agreement, one interest rate, and one regular statement.
• Eliminate the need to track changing collateral values (for collateralized deposits).
• Take advantage of a convenient alternative to commercial paper, money market mutal funds, and sweep accounts.

Non-profit and Public Funds²

• Satisfy your requirements for fully-insured deposits.
• Enjoy the time-saving conveniences associated with one agreement, one interest rate, and one regualr statement.
• Eliminate the need tot rack changing collateral values (for collateralized deposits).
• Make the full amount of your deposit available for community lending purposes.³
• Earn CD-level returns which  may compare favorably with those of Treasuries and other high quality investments.¹
• Avoid the need to footnote uninsured deposits in financial statements. ⁴

 For more information about the CDARS program please consult a Personal Banker or contact our Customer Care Center at 800-794-2070, or visit  www.cdars.com.

¹Consult  a Personal Banker Consult a Personal Banker or our Customer Care Center at 800.794.2070 regarding current rates. ²If you are subject to restrictions with respect to the placement of funds in depository institutions, it is your responsibility to determine whether the placement of your funds through CDARS satisfies those restrictions. ³Because funds are exchanged on a dollar-for-dollar basis with other banks in the network, we can use the full amount of your deposit for local lending, which may satisfy your local investment goals (or applicable mandates). With your consent, however, our bank may choose to receive fee income instead of deposits from other banks. ⁴Please consult with your auditor to determine how CDs should be reported. Funds may be submitted for placement only after a depositor enters into a CDARS Deposit Placement Agreement with us. The agreement contains important information and conditions regarding the placement of funds by us. CDARS and Certificate of Deposit Account Registry Service are service marks of Promontory Interfinancial Network, LLC.