Please read City First Bank’s CEO Statement to Customers and Community released March 14, 2023
- community impact
- business / nonprofit
- About Us
- Resource Center
BANK SAFE. BANK SMART.
Using ICS®, the Insured Cash Sweep® service, provides access to multi-million-dollar FDIC insurance and interest on funds placed into demand deposit accounts, money market deposit accounts, or both.
Enjoy peace of mind. ICS funds are eligible for multi-million-dollar FDIC insurance that is backed by the full faith and credit of the United States government.
Earn interest. Put excess cash balances to work in demand accounts, money market deposit accounts, or both.
You can also enjoy unlimited program withdrawals (using the ICS demand option) or up to six program withdrawals per month (using the ICS savings option). Simply put, with ICS, you can have it all.
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.