Promontory Interfinancial Network, LLC

The home of CDARS® (pronounced "cedars") and IND®. More than 3,000 financial institutions can use one or both of these services to enhance their profitability, attract large-dollar deposits, deepen their customer relationships, and/or obtain cost-effective wholesale funding. Join the Promontory Network, and you can too! In addition to CDARS and IND, Promontory offers Prepaid Assessment MarketplaceSM – a FREE service that helps to match prospective buyers and sellers of prepaid FDIC assessments.

CDARS IND PAM

  • CDARS Heading

    CDARS® allows financial institutions to

    • Offer customer access to multi-million-dollar FDIC insurance (limits apply).
    • Sell excess deposits to other Promontory Network members in exchange for fee income.
    • Purchase wholesale funding at competitive rates without collateralization.
    For Banks For Brokers-Dealers For Depositors & Investors
    CDARS Billboard

  • IND Heading

    IND® allows

    • Brokerage firm managers to deliver a differentiated investment product with access to multi-million-dollar FDIC insurance.
    • Brokerage firm managers to increase profit margins earned on short-term investment accounts.
    • Financial institutions to obtain cost-effective wholesale funding.
    • Financial institutions to access large blocks of long-term funding ($25 million to $1 billion or more) at floating rates.
    For Banks For Brokers-Dealers
    IND Billboard

  • PAM Heading

    • Facilitates the efficient matching of buyers and sellers of FDIC prepaid assessments.
    • Helps banks manage their liquidity.
    • Is a free service for banks.
    Learn more
    Prepaid Assessment Marketplace