The FDIC insures each of our depositors for up to $250,000. By networking with other banks, CDARS lets us provide our customers with FDIC protection on multi-million-dollar CD investments.
There are few guarantees in life — FDIC insurance is one of them. CDARS can be a valuable tool for insured cash management or longer-term investments.
Why CDARS?
With CDARS, you benefit from:
- Safety — your money can access multi-million-dollar FDIC insurance coverage
- Convenience — you work directly with us and earn one interest rate; you’ll also receive one regular statement and one year-end tax form
- Community investment — the full value of your money can support lending opportunities in your local community
- CD-level rates — your money earns CD-level returns which may compare favorably with other investment alternatives, including treasuries, corporate sweep accounts, and money market funds
Protect Your Savings with CDARS Accounts in the DMV
Get the most out of what you save with CDARS-protected, high-yielding CDs from FVCbank. For more information, or to open a CD, contact one of our representatives today by calling 703.436.4740. You can also contact us online, or visit one of our locations throughout Washington, DC, Maryland, Northern Virginia, and Baltimore City.
