Promontory Interfinancial Network, LLC

The home of CDARS®, ICSSM, and IND®

Approximately 3,000 financial institutions are members of the Promontory Network, which allows them to use one or more of these services to enhance their profitability, build multi-million-dollar relationships, manage their liquidity by selling excess deposits, and/or obtain cost-effective wholesale funding. Join the Promontory Network, and you can too! Promontory also offers Prepaid Assessment MarketplaceSM – a FREE service that helps to match prospective buyers and sellers of prepaid FDIC assessments.

  • 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

  • ICS home page image

    ICSSM enables financial institutions to

    • Offer customers a savings product that earns interest and provides access to multi-million-dollar FDIC insurance.
    • Set the interest rates they offer to customers for funds placed through ICS.
    • Receive dollar-for-dollar reciprocal deposits from other financial institutions so that the full amount of their customers’ savings deposits remain on balance sheet.
    For Banks For Depositors & Investors
    ICS 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