Looking for safety and CD-level rates (that historically have compared favorably to Treasuries) for your large deposits? Find out why thousands of safety-conscious institutional investors – businesses, non-profits, public funds/governments – choose CDARS, the easiest way to access multi-million-dollar FDIC insurance through our bank. (Limits apply.)
To learn more, contact us.

CDARS® is one of the safest and smartest investment vehicles for investors looking to protect their large-dollar investments while earning CD-level returns that may compare favorably to Treasury and money-market-fund yields.
CDs placed through CDARS offer investors (including institutional investors, such as corporations, foundations, and endowments):

• Access to multi-million-dollar FDIC insurance;
• The ease of working through one trusted relationship, earning one rate per maturity, and receiving consolidated statements;
• The ability to forego ongoing collateral tracking;
• The power of daily compounding; and
• A finite maturity date (in contrast to auction-rate or some adjustable-rate securities).

1. Customer signs a CDARS Deposit Placement Agreement, Custodial Agreement,
2. Customer Account for Placement Form and deposits money with us.
3. Customer funds are placed using the CDARS service.
4. Customer CDs are issued by other banks in the CDARS network.
5. Customer receives confirmation from First United Bank of their CDs.
6. Customer receives consolidated interest payments and statements from us.

Even though the customer holds multiple accounts with CDARS Member Banks within the CDARS Program, the customer still works with only First United Bank concerning those multiple CD accounts.

CDARS® offers multiple benefits to investors who want to combine the security of access to FDIC insurance with the convenience of working directly with just one financial institution.

Peace of Mind. Using the CDARS service, you can access multi-million-dollar FDIC insurance on CD investments.1

One Relationship. You work directly with our financial institution.

One Rate. You negotiate one interest rate per maturity on CD investments placed through CDARS. With CDARS, there is no need to negotiate multiple rates or manually tally disbursements for each CD.

One Statement. You receive one regular statement detailing your CD investments. You no longer need to manually consolidate statements at the end of each month, quarter, or year.

No Hidden Fees. You will not be charged annual fees, subscription fees, or transaction fees for using CDARS. The rate you see is the rate you get.

No Ongoing Collateralization. Because CDARS deposits are eligible for FDIC protection, you may not need to continually collateralize your deposits. This can eliminate the time-consuming task of tracking changing collateral values on a recurring basis.2

Community Investment. Your funds can support lending initiatives, including special development projects that strengthen your local community.3