Protect large balances and earn competitive returns with City First Bank’s Insured Cash Sweep® (ICS) service—access multi-million-dollar FDIC insurance and optimized interest across demand deposit and money market accounts.
Benefits Include
-Eligible for multi-million-dollar FDIC insurance that is backed by the full faith and credit of the United States government.
-Earned interest on excess cash balances in demand accounts, money market deposit accounts, or both.
-Unlimited program withdrawals (using the ICS demand option) or up to six program withdrawals per month (using the ICS savings option).
Placement of your funds through the ICS service is subject to terms, conditions, and disclosures set forth in the agreements, including the ICS Deposit Placement Agreement, that you enter with us. Limits and customer eligibility criteria apply. Unlimited program withdrawals are available with ICS only when using the ICS demand option. ICS Insured Cash Sweep, and Bank Safe, Bank Smart are registered service marks of Promontory Interfinancial LLC.