CDARS® (Certificate of Deposit Account Registry Service)
CDARS® is the most convenient way to access FDIC insurance on large-dollar CD deposits and to earn rates that may compare favorably to Treasuries and money market mutual funds.
With CDARS, you sign one CDARS Deposit Placement Agreement with Lake National Bank, earn one interest rate per maturity and receive one regular statement.
It’s that easy!
CDARS is the perfect solution for many investors including businesses, nonprofits, public funds, advisors (including trustees, CPAs, financial planners and lawyers) and individuals.
To learn more about CDARS and if it is right for you, contact us at 440.205.8100 or visit the CDARS website directly.