Invest in your community by placing your funds through ICS with us. With our service, the full amount of your deposit can stay local and be used to support lending opportunities that build a stronger community. By banking with us, you can help fuel local growth and development, making a positive impact on the world around you. Feel good about your banking choices and invest in your community with us.
CDARS is a convenient service offered by CalPrivate Bank. When you deposit your money through CDARS with a member institution, your deposit is automatically divided into smaller amounts that are covered by FDIC insurance up to the maximum limit of $250,000. These smaller amounts are then placed into deposit accounts at other network banks, allowing you to benefit from FDIC coverage across multiple institutions while working directly with us. With CDARS, you’ll receive a single statement from our bank that details all of your placements, making it easier to keep track of your finances.