Fidelity is proud to offer the CDARS® program (Certificate of Deposit Account Registry Service®) and the safest and most convenient way to enjoy access to full FDIC insurance on deposits of up to $50 million.
This program is specifically designed to help you maintain FDIC insurance on all your deposits. Your money will stay safe and secure because every penny of it is guaranteed by the FDIC and the federal government. That means that no matter what happens, you can be sure that your money stays exactly that- yours.
With CDARS®, you can place your large-dollar deposit with a network member like Fidelity. We’ll then break your funds into smaller amounts and place them with other banks that are members of this special network. Then, those member banks issue Certificates of Deposit (CDs) in the amounts under the FDIC maximum, so that your entire deposit is eligible for FDIC insurance. By enrolling in the program through Fidelity, all the work is done for you by our knowledgeable and friendly staff. You sign one agreement, earn one interest rate and receive one regular statement through us. It’s that easy!
CDARS® and Fidelity are the perfect solution for many depositors- from non-profits and public funds to businesses, advisors (including trustees, CPAs, financial planners and lawyers) and individuals, as well as socially responsible investors.
To learn more about the CDARS® program, call our knowledgeable and professional staff today at 1-800-388-4380. You've worked hard for your money. Now let it work hard for you.
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