What does CDARS stand for?

Certificate of Deposit Account Registry Service (Promontory Interfinancial Network, LLC.)

This definition appears very rarely and is found in the following Acronym Finder categories:

Business, finance, etc.

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Samples in periodicals archive:

Additionally, participation in the Certificate of Deposit Account Registry Service (CDARS) allows the bank to offer full FDIC insurance coverage on CD investments.

Mark Primeau, President/CEO, Laconia Savings Bank

While the state's credit unions can serve as parking spots for CD for schools and municipalities, Hune said they are not considered members of the Certificate of Deposit Account Registry Service program because the network restricts membership to FDIC-insured banks.

Michigan bills allow wider acceptance of CUs in CD swap network

[ILLUSTRATION OMITTED] Apply for CDARS To insure even greater sums--up to $50 million--take advantage of a program called Certificate of Deposit Account Registry Service.

Stash your cash: three ways to safeguard bank deposits that exceed ...

Flagstar and others are taking part in what's called the CDARS network -- the Certificate of Deposit Account Registry Service -- which essentially creates a way for the banks to share coverage through the Federal Deposit Insurance Corp.

You can extend FDIC insurance past $100,000

Another option is the use of the FDIC's Certificate of Deposit Account Registry Service, or CDARS, which splits deposits into chunks under the $100,000 insurance limit and funnels the money out to 2,000 banks in the network.

ALL BUSINESS: Know bank deposit insurance rules

A somewhat new service, the Certificate of Deposit Account Registry Service, or CDARS, can do this work for you.

Managing FDIC Limits on CDs

The mega-deposits are called Certificate of Deposit Account Registry service, or CDARS (pronounced cedars).

National Neighborhood Bank celebrates decade of service to the ...

The Certificate of Deposit Account Registry Service (CDARS) allows depositors to earn CD-level interest rates in one account, rather than capping CDs at $100,000, the traditional Federal Deposit Insurance Corp.

Parkway to offer higher insured CD accounts