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
- Municipalities and public entities
- Nonprofits
- Individuals
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. Learn more here.
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?
Through IntraFi Network, Falcon National Bank provides FDIC insurance coverage for up to $200 million in ICS, and up to $50 million for CDARS per customer. Some limitations may apply.
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 relationships?
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?
There are no additional fees. Rates may vary from published bank rates.
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.
Deposit placement through CDARS or ICS is subject to the terms, conditions, and disclosures in applicable agreements. Although deposits are placed in increments that do not exceed the FDIC standard maximum deposit insurance amount (“SMDIA”) at any one destination bank, a depositor’s balances at the institution that places deposits may exceed the SMDIA (e.g., before settlement for deposits or after settlement for withdrawals) or be uninsured (if the placing institution is not an insured bank). The depositor must make any necessary arrangements to protect such balances consistent with applicable law and must determine whether placement through CDARS or ICS satisfies any restrictions on its deposits. A list identifying IntraFi network banks appears at https://www.intrafi.com/network-banks. The depositor may exclude banks from eligibility to receive its funds. IntraFi and ICS are registered service marks, and the IntraFi hexagon and IntraFi logo are service marks, of IntraFi Network LLC.