General Coverages – need content
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 FNBNWA and receive one statement detailing their CD investments
Insured Cash Sweep (ICS)
• With ICS, the insured Cash Sweep service, we can offer our customers an interest-bearing product that provides access to multi-million dollar FDIC insurance.
• ICS demand option-funds are placed into DDAs, allowing customers to make unlimited withdrawal per month.
• ICS savings option-funds are placed into MMDAs, allowing customers to make up to six withdrawals per month.
• Withdrawal/Deposit requests made by 2:30pm EST are credited same day