For some business owners, the limits placed on Certificates of Deposit (CDs) can prevent you from investing all that you’d like. First United gives you access to the Certificate of Deposit Account Registry Service, or CDARS. It’s the easiest and most convenient way to enjoy full deposit insurance on amounts well above FDIC limits.
Your investment is broken down into smaller amounts and placed in CDs with other banks that are members of a special network. Now you can enjoy the investing power of multiple banks without negotiating multiple rates or dealing with the hassle of multiple maturity dates.