From shifting demands to evolving market conditions, we know your financial institution’s funding needs aren’t always predictable. With IntraFi's ICS® and CDARS® services, it's easy for institutions to move funds off balance sheet when needed, efficiently managing their liquidity position.
Say ‘yes’ to valuable relationships regardless of liquidity position
Attract large-dollar, safety-conscious customers — such as corporations, financial institutions, nonprofits, and high-net-worth individuals. Keep the relationship, while moving deposits off balance sheet and earning fee income.
Build new relationships and continue building franchise value even during periods of high liquidity
Offer customers an attractive interest rate, and move higher-priced deposits off balance sheet, earning fee income
Accept larger deposits without causing potential concentration risk
Improve profitability and enjoy flexibility
Fee income earned from selling deposits can improve return-on-assets and return-on-equity ratios, plus noninterest income can help maintain profit margins.
When deposited funds are exchanged on a dollar-for-dollar basis with other banks in IntraFi's network of financial institutions, your bank can use the full amount of a deposit placed through ICS and CDARS for local lending, satisfying some depositors’ local investment goals or mandates.
Deposit placement through IntraFi’s deposit placement services is subject to the terms, conditions, and disclosures in the program agreements. Limits apply and customer eligibility criteria may apply. ICS program withdrawals may be limited to six per month for money market deposit accounts. Deposits are placed at destination institutions in amounts that do not exceed the FDIC standard maximum deposit insurance amount (“SMDIA”) at any one destination institution. Using multiple destination institutions provides access to aggregate insurance amounts across institutions that are multiples of the SMDIA. Although deposits are placed at destination institutions in amounts that do not exceed the SMDIA at any one destination institution, a depositor’s balances at the relationship institution that places the deposits may exceed the SMDIA (e.g., before settlement for a deposit or after settlement for a withdrawal) or be ineligible for FDIC insurance (if the relationship institution is not an insured depository institution). The depositor is responsible for making any necessary arrangements to protect such balances consistent with applicable law. If the depositor is subject to restrictions on deposits of its funds, the depositor is responsible for determining whether deposit placement through IntraFi’s services satisfies those restrictions. A list identifying IntraFi network banks may be found at https://www.intrafi.com/network-banks. The depositor may exclude particular insured depository institutions from eligibility to receive the depositor’s funds.