Safe, Simple Cash Management

With Insured Cash Sweep (ICS) and Certificate of Deposit Account Registry Service (CDARS), you can extend your FDIC insurance while still enjoying the safety and security of a single bank relationship. You can choose the service or combination of services that can offer the returns and access to funds you seek.

How Do ICS and CDARS Work?

Institutions, like ours, that offer ICS and CDARS are members of the IntraFi network. When we place your funds through the ICS or CDARS service, your deposit is divided into amounts under the standard FDIC insurance maximum of $250,000. The funds are then placed in demand deposit accounts (using  ICS), or in CDs (using CDARS), at multiple banks.  As a result, you can access coverage from many institutions while working directly with just one. You receive one monthly statement from our bank for each service in which you participate, and, as always, your confidential information is protected.

Save Time

Work directly with just us, a family owned community bank you know and trust, to access multi-million-dollar FDIC insurance, and forgo the need to use repo sweeps or to track collateral on an ongoing basis.

Enjoy Peace of Mind

Rest assured knowing that your funds are eligible for multi-million-dollar FDIC insurance protection that’s backed by the full faith and credit of the  federal government. ICS and CDARS are not subject to floating net asset values, so you can feel secure knowing that market volatility will not negatively affect your principal.

Earn Interest

Put cash balances to work in demand deposit accounts with ICS and in CDs with CDARS.

Access Funds

With ICS, maintain access to your funds placed in demand deposit accounts. With CDARS, select from multiple term options to meet your liquidity needs.

Support Your Community

Feel good knowing that the full amount of your funds placed through ICS and CDARS, both can stay local to support lending opportunities that build a stronger community.*


To get started call Armed Forces Bank at 866-277-4539 or email