CDARS is a Certificate of Deposit Account Registry Service. It is the easiest, most convenient way to enjoy access to full FDIC insurance on large deposits.

WHY IS THAT?

ONE BANK
Everything is handled through Wolf River Community Bank. Your large deposit is broken into smaller amounts and placed with other banks that are members of the CDARS network. Those banks issue CDs in amounts under the standard FDIC insurance maximum, so that your entire investment is eligible for FDIC protection.

ONE RATE
You earn one rate on your entire investment - so you can forget about multiple rates and multiple disbursement checks.

ONE STATEMENT
You receive one regular account statement listing all of your CD's, along with their issuing banks, maturity dates, interest earned, and other details.

HOW DOES CDARS WORK?

1. You enter into one agreement.
You sign one simple Deposit Placement Agreemenet with Wolf River Community Bank.

2. You select an interest rate and maturity.
Based on our current CD options, you agree to a rate and a maturity that best matches your investment goals.

3. Funds are deposited.
Using CDARS, we submit your funds for placement at member banks.

4. Cds are issued.
Member banks issue CDs in amounts under the FDIC maximum, so your entire investment is eligible for full FDIC coverage.

5. Confirmation is received.
You will receive written confirmation of your deposits and a listing of all of your CDs.

Want to Learn More?

-Call Wolf River Community Bank and we would be happy to assist you

Hortonville Office 779-7000 or New London Office 982-0055

-Click on the picture below to enter the CDARS website

-Click on the link below to watch a short video How CDARS Works

*www.promnetwork.com/how-cdars-works-video