CDARS - Investment Program

How does CDARS work?

Bank of the West is a member of a special network. When you place a large amount on deposit with us, we place your funds into CD's issued by other banks in the same network - in increments of less than $250,000 - so both principal and interest are eligible for complete FDIC protection. As a result, you can receive coverage from many banks while working with just one.

These exchanges, which occur on a dollar-for-dollar basis, can bring the full amount of your original deposit back to our bank. As a result, we can make the full amount of your deposit available for community lending purposes.²

Learn More About CDARS

With help from CDARS, you can access:

• Safety
• Convenience
• Community Investment²
• CD-Level Rates

What else should I know?

Now, you no longer have to spend time managing multiple bank relationships, administering various interest rates, organizing interest disbursements from various sources, or manually consolidating monthly statements. this reduces your administrative burden, especially during tax and financial reporting seasons.

And with CDARS, you can eliminate the need to monitor changing collateral values - another time saving convenience.

Of course, your confidential information remains protected.

Ask us about how CDARS can work for you the next time you visit one of our branches or email Customer Service for more information.

1 Funds may be submitted for placement only after a depositor enters in the CDARS Deposit Placement Agreement with Bank of the West. The agreement contains important information and conditions regarding the placement of funds by us.

2 This benefit applies to some but not all types of CDARS transactions. Let us know if this benefit is important to you, so that we can explain the relevant terms and conditions in more details.

CDARS is a registered service mark of Promontory Interfinancial Network, LLC.