Carson Bank recently joined a network of highly rated banks that offer CDARS, a convenient way to enjoy full FDIC insurance on certificates of deposit up to $50 million. You sign one agreement with Carson Bank, earn one interest rate, and receive one statement.
When a large deposit is placed with Carson Bank, upon your request, the funds can be placed into certificates of deposit issued within this network. This occurs in increments under $100,000 to ensure both principal and interest are eligible for full FDIC insurance coverage, and it occurs without sending your private information to other banks. Other members of this network do the same with their customer’s deposits so the whole deposit is available to lend locally.
We offer Certificates of Deposit with competitive rates and terms. Please contact a Carson Bank representative at (316) 777-1171 or (888) 571-2233 for current rates and specials.