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Welcome to
Promontory Interfinancial Network - home of CDARS®
(pronounced "cedars"), IND®, and Proceed Business LoanSM. Nearly 3,000 institutions use one or more of these services to enhance
their profitability, attract large-dollar deposits, deepen their relationships with customers, or obtain
wholesale funding. Join the Promontory Network and you can
too!
Certificate
of Deposit Account Registry Service®, or
CDARS®
- Offer
customers access to up to $50 million or more in FDIC insurance
- Place "excess" deposits with other network members, earn fee income
- Purchase funds at competitive rates without collateralization
Insured Network DepositsSM Service, or IND®
- Brokerage firm managers - increase profit margins earned on short-term investment accounts and deliver a differentiated investment product with access to multi-million dollar FDIC insurance
- Banks - tap another wholesale funding option; access large blocks of long-term funding ($25 million - $1 billion+) at floating rates
Proceed Business LoanSM
- Attract and retain small business customers
- Offer customers access to loans of up to $100,000 without taking on lending risk
- Just make a qualified referral and let one of our Proceed representatives manage communications and paperwork through the closing process (while keeping you informed)
- Earn fee income on every transaction
Promontory is one of the proud sponsors of the $1 Billion Gulf Coast Rebuilding Challenge.
Learn More...
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