EXPANDED FDIC DEPOSIT INSURANCE PROTECTION
More protection for your deposits. More peace of mind.
Keep large deposits fully protected without managing multiple bank relationships.
FDIC coverage
beyond $250,000
Automatically distributed
for safety
Stay with one
trusted bank
One statement.
One relationship.
What is Expanded FDIC Deposit Insurance
At Falcon National Bank, your deposits are fully insured up to the standard FDIC coverage limit of $250,000 per customer. For balances exceeding this amount, we offer expanded FDIC protection through IntraFi® Network Deposits. With this service, we strategically divide your deposit into smaller portions, each under $250,000, and distribute these across a network of financially stable banks. This way, your entire deposit remains fully insured, while you continue to manage your accounts with Falcon National Bank.
Discover how ICS and CDARS help safeguard your funds:
Insured Cash Sweep® (ICS):
Your deposit is divided into amounts under the standard FDIC insurance maximum of $250,000. The amounts are then placed into deposit accounts at multiple FDIC-insured banks. As a result, you can access FDIC coverage from many institutions while working directly just with us.
Certificate of Deposit Account Registry Service® (CDARS):
When your Certificate of Deposit funds are placed through CDARS, that deposit is divided into amounts under the standard FDIC insurance maximum of $250,000. The funds are then placed into deposit accounts at other network banks. As a result, you can access FDIC coverage from many institutions while working directly with just us.
Who Benefits Most from Expanded Coverage?
- Businesses with large operating accounts
- Municipalities and public entities managing taxpayer or grant funds
- Nonprofits handling donations, endowments, or project dollars
- Individuals managing inheritance proceeds or large life-event funds
- Treasurers and CFOs who require secure liquidity solutions
No matter your situation, expanded protection helps you keep funds safe without the hassle of maintaining multiple banking relationships.
Why it Matters
Greater Security
Your balances are insured well beyond the standard limit.
One Relationship
No need to open accounts at multiple banks - we handle everything for you.
Simple Reporting
Enjoy one consolidated statement and easy access to your accounts.
Nationwide Network Protection
Your funds are placed with federally insured instituions across the country.
Deposit Insurance FAQs
What is FDIC insurance?
FDIC insurance protects your deposits up to $250,000 per depositor, per ownership category, at an FDIC-insured bank.
What is expanded FDIC deposit insurance protection?
Expanded protection allows eligible customers to access FDIC insurance beyond the standard $250,000 limit by spreading funds across multiple FDIC-insured banks.
How does expanded coverage work?
Your funds are placed into deposit accounts at multiple FDIC-insured banks, increasing your total insured amount while keeping your money accessible.
How much can be insured?
Coverage can extend into the millions, depending on the program structure and your deposit balance.
Is my money still FDIC-insured?
Yes. All funds are placed at FDIC-insured institutions and remain fully FDIC-protected within applicable limits.
Do I need to manage multiple bank accounts?
No. You work with one bank, receive one statement, and access your funds through a single relationship.
Can I access my money when I need it?
Yes. Funds remain liquid and accessible, subject to the terms of your account.
Who is expanded FDIC protection best for?
It’s ideal for businesses, nonprofits, municipalities, and individuals with balances exceeding $250,000.
Are there additional fees?
Fees vary by institution and account type. We can provide full details.
Is this the same as investing my money?
No. These are deposit accounts, not investment products, and are designed for safety and liquidity.
Ready to Protect More of Your Deposits?
Our team can help you determine the right coverage level for your personal, business, or public funds.
