- Access multi-million-dollar FDIC insurance coverage by working directly with just us – the bank you know and trust.
- Negotiate one rate with our bank for each CD maturity and enjoy the option of reinvesting them through a simple process.
- Receive one easy-to-read statement from our bank summarizing all your CD holdings.
Customers of Gulfstream Businessl Bank can take comfort in the fact that we are part of the CDARS Network. CDARS is an innovative service with significant advantages for depositors with more than $250,000.00 to invest. Customers are allowed to place their large deposits into CDs in amounts less than the standard FDIC insurance maximum ($250,000) at participating Network institutions, which offers significant protection to their investments. This service provides access to multi-million-dollar FDIC insurance coverage. Terms range from 4 weeks (1 month) to 260 weeks (5 years).
To establish your CDARS account, please call us at (772) 426-8100 or visit any Gulfstream Business Bank location for current rates or additional information.
Limits apply. Funds may be submitted for placement only after a depositor enters into a CDARS Deposit Placement Agreement with us. The agreement contains important information and conditions regarding the placement of funds by us. CDARS is a registered service mark of Promontory Interfinancial Network, LLC.