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Welcome to
Promontory Interfinancial Network - home of CDARS®
(pronounced "cedars"), IND®,
and BPSSM. Over 2000 institutions use one or more of these services to enhance
their profitability, attract large-dollar deposits, or obtain
wholesale funding. Join the Promontory Network and you can
too!
Promontory is one of the proud sponsors of the $1 Billion Gulf Coast Rebuilding Challenge.
Learn More...
Certificate
of Deposit Account Registry Service®,
CDARS®
- Offer
customers up to $50 million in FDIC insurance
- Place "excess" deposits with other network members, earn fee income
- Purchase funds at competitive rates (without collateralization or credit limits)
Insured Network
DepositsSM Service, 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
Other
Network Services
- Bankers Procurement ServiceSM - Find the "right" technology solutions at the lowest cost - lower the time spent on vendor identification and evaluation, reduce technology adoption risk, and speed up delivery times
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