CDARS

Details:

The Certificate of Deposit Account Registry Service is great for individuals, businesses, or municipalities who have balances above $250,000 but want to keep FDIC insurance.
Customers work directly with NBS and receive one statement detailing their CD investments.

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Investments and Insurance Products: Not Insured by FDIC or any Federal Government Agency, May Lose Value, Not a Deposit of or Guaranteed by a Bank or any Bank Affiliate.