Get full FDIC insurance for your business's multi-million dollar balances — and enjoy one easy-to-manage relationship with Security Bank. Learn more about these accounts below and reach out to us to get started.

CDARS
  • Interest above standard savings, which may compare favorably with other investment alternatives
  • Greater security; multi-million dollar FDIC insurance coverage
  • Convenience; everything is managed internally by Security Bank:
    • One interest rate
    • One regular statement
    • One year-end tax form
  • Flexible maturity periods available
  • Helps support lending opportunities within your local community

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 and Certificate of Deposit Account Registry Service are registered service marks of Promontory Interfinancial Network, LLC.

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Insured Cash Sweep (ICS)
  • Enjoy increased coverage while also benefiting from increased access to funds and higher returns than other savings options
  • Interest above standard savings, which may compare favorably with other investment alternatives
  • Greater security; multi-million dollar FDIC insurance coverage
  • Convenience; everything is managed internally by Security Bank:
    • One interest rate
    • One regular statement
    • One year-end tax form
  • Less administrative burden than other collateralized deposits and repo sweep options
  • Two convenient options:
    • Insured Cash Sweep Savings (ICSS) – includes 6 program withdrawals per month and deposits funds to money market deposit accounts
    • Insured Cash Sweep Demands (ICSD) – Includes unlimited program withdrawals and deposits funds to demand deposit accounts
  • Full FDIC coverage on amounts up to $50 million

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To learn more about how Insured Cash Sweeps can benefit you, visit the Insured Cash Sweeps website.