ICS

Enjoy the convenience of working directly with out bank, a bank you know and trust. When your deposit is placed using ICS, it can be used to support your community, helping to fund businesses and families.[2]

One Relationship

Everything is handled through our bank. You work directly with us to secure large deposits. Your large deposit is broken into smaller amounts and placed with the IntraFi network of banks. Funds are placed in amounts under the standard FDIC insurance maximum, so that your investment is eligible for FDIC protection. By working directly with just one bank – our bank – you can receive insurance through many.

One Rate

Invest using IntraFi® Network Deposits℠ today. Enjoy access to multi-million-dollar FDIC insurance combined with the convenience of one bank, one rate and one statement!

[1] Consult with your account manager or one of our customer services representatives regarding available rates.
[2] When deposited funds are exchanged on a dollar-for-dollar basis with other institutions that use ICS, our bank can use the full amount of a deposit placed through ICS for local lending, satisfying some depositors’ local investment goals or mandates. Alternatively, with a depositor’s consent, our bank may choose to receive fee income instead of deposits from other participating institutions. Under these circumstances, deposited funds would not be available for local lending.

Deposit placement through ICS is subject to the terms, conditions, and disclosures in applicable agreements. Although deposits are placed in increments that do not exceed the FDIC standard maximum deposit insurance amount (“SMDIA”) at any one destination bank, a depositor’s balances at the institution that places deposits may exceed the SMDIA (e.g., before settlement for deposits or after settlement for withdrawals) or be uninsured (if the placing institution is not an insured bank). The depositor must make any necessary arrangements to protect such balances consistent with applicable law and must determine whether placement through ICS satisfies any restrictions on its deposits. A list identifying IntraFi network banks appears at https://www.intrafi.com/network-banks. The depositor may exclude banks from eligibility to receive its funds. IntraFi and ICS are registered service marks, and IntraFi Cash Service is a service mark, of IntraFi Network LLC.

Enjoy access to multi-million-dollar FDIC insurance combined with the convenience of working directly with just one financial institution.

Getting started is simple. Ask us about ICS today!

Access multi-million-dollar FDIC insurance, combined with the convenience of working with just one financial institution. Focus on ICS and you can.

When you’re ready to take advantage of ICS, here’s what happens:

1. Sign an ICS Deposit Placement Agreement (DPA) and a custodial agreement with us.
2. Identify and existing transaction account (or set up a new one) to be used.
3. Funds are placed into deposit accounts at other network institutions in accordance with the applicable ICS DPA.
4. Enjoy transparent, detailed reporting. Check balances and see where funds are using easily accessible online tools.
5. Receive one monthly statement from us summarizing your account activity and balances across institutions.

That’s it! Using ICS is that easy!