CDARS® is the Certificate of Deposit Account Registry Service®. Anyone who wants to combine the convenience of working with one financial institution with the security of FDIC insurance can benefit from CDARS®.
Full Insurance. Using the CDARS® service, you can access up to $50 million in FDIC protection on CD investments.
One Bank. You work solely with Metro Phoenix Bank.
One Rate. You earn one interest rate on CD investments placed through CDARS®. With CDARS®, there is no need to negotiate multiple rates.
One Statement. You receive one regular statement detailing your CD investments. You no longer need to consolidate statements at the end of each month, quarter, or year.
No Hidden Fees. There are no hidden fees of any kind. You will not be charged annual fees, subscription fees or transaction fees for using the CDARS service. The rate you see is the rate you get.
A Wide Variety of Maturities. You can select from various maturities — ranging from 4 weeks to 5 years (260 weeks) — and choose the terms that best suit your investment needs.
For more information on CDARS®, contact Metro Phoenix Bank at 602-346-1800.