CDARS® is a great way to help us fulfill our mission of building the economic health of underserved communities in the Washington, DC area.   City First will put your deposit to work where it is needed most and you can take advantage of the double bottom line – the satisfaction of knowing you are growing your own investment while helping to develop DC’s underserved communities.  With CDARS®, you can deposit up to $50 million with full FDIC insurance coverage.   

Benefits of CDARS Accounts

• Safety of full FDIC insurance coverage up to $50 million per depositor
• No need to spend time managing multiple banking relationships as you have the convenience of working with one bank
• One Bank, one statement, one 1099 tax summary
• No need to worry about changing collateral values associated with collateralized repurchase agreements.
• Superior returns
• Satisfaction of knowing your money is at work in our community even while it is safely banked