Get the Most Out of ICS® and CDARS® Services
Century Secure Plus from U.S. Century Bank provides clients with FDIC insurance coverage for deposits amounting to more than $250,000 – up to $150,000,000 per client. Our ICS® and CDARS® services make protecting large deposits and earning interest easy and convenient. Experienced bankers will personally help you check how your accounts are titled today to determine if you have excess deposits that still need to be insured.
Century Secure Plus Benefits
- Asset Protection: Clients can receive multi-million-dollar FDIC insurance protection for their deposits including checking (demand deposit account, or DDA), money market, and certificate of deposit (CD) funds. This means that clients can be sure that their deposits are safe and secure.
- Time Savings: The ICS® and CDARS® services also make it easy for clients to save time. They don’t have to worry about tracking collateral or managing multiple bank relationships. Everything is handled by U.S. Century Bank.
- Flexibility: With ICS®, customers can enjoy easy access to funds placed into demand deposit accounts that work just like a checking or money market account. With CDARS®, customers who are looking to place their funds in a longer-term investment can select certificate of deposit (CD) accounts with maturities ranging from 4 weeks to 5 years.
- Earn Interest: Clients can enjoy earning one interest rate per service or per term with ICS®, CDARS®, or both.
- Secure and Streamlined: Clients can feel confident knowing where their funds are at all times with detailed reporting provided by U.S. Century Bank. We take the hassle and worry out of managing multiple bank relationships and manually consolidating bank statements by providing one comprehensive statement from us every month.
Which account is right for you?
- ICS® – Short Term: Customers of ICS® have the ability to withdraw money from a bank transaction account when needed, up to six times a month with the ICS® savings option (money market account), or they can have round-the-clock access to their funds with the ICS® demand option (checking account) which allows for unlimited withdrawals.
- CDARS® – All Terms: CDARS® customers are offered the choice of multiple maturities, which include 4 weeks, 13 weeks, 26 weeks, 52 weeks, 2 years, 3 years, and 5 years. Additionally, they can customize their investments to be structured as floating-rate, bump-up, or step-up certificates of deposit.
With Century Secure Plus, clients can enjoy peace of mind, time savings, flexibility, and the security of FDIC insurance while earning interest on their deposits. Learn more about these services at https://www.uscentury.com/business/ics/cdars
