Bank Safe, Bank Smart®
Access multi-million-dollar FDIC protection on your deposits; earn interest by placing funds into demand deposit accounts, money market deposit accounts, or both; and enjoy flexibility at the same time with ICS®, IntraFi Cash ServiceSM
Looking to protect your legacy? Does market volatility worry you? Would you like to access multi-million-dollar FDIC protection on your large deposits while earning interest? Through Profinium, you can—using ICS®, the IntraFi Cash ServiceSM.
Make deposits greater than $250,000 eligible for FDIC insurance and maintain access to funds—working directly with just us, a bank you already know and trust. With ICS, you earn a return on excess cash balances placed into demand deposit accounts, money market deposit accounts, or both.
As bank deposits, funds placed through ICS are not subject to floating net asset values, liquidity fees, or money market mutual fund liquidity gates, so you can rest assured knowing that market volatility will not negatively affect your principal. You receive regular monthly statements and have access to an online tool to monitor account balances.
- Rest assured. Make even large deposits eligible for protection that’s backed by the full faith and credit of the federal government.
- Earn interest. Put excess cash balances to work by placing funds into demand deposit accounts, money market deposit accounts, or both.
- Save time. Work directly with just our bank—a bank you know and trust. Forego opening accounts under different insurable capacities or managing multiple bank relationships. Receive just one monthly statement from us summarizing your account activity and balances. And, if you are accustomed to collateralization, reduce the need to track collateral on an ongoing basis.
- Access funds. Make unlimited withdrawals of funds placed into money market deposit accounts or up to six program withdrawals per month of funds placed into demand deposit accounts. Funds can be placed in one or both types of deposit accounts to best match your cash management and liquidity needs.