Insured Cash Sweep®


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.

Through ICS:

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.

Please be aware that you are leaving and will be redirected to a third party web site. City First Bank of DC has no control over information at any third party site accessed. City First Bank of DC makes no representation and is not responsible for the quality, content, nature, or reliability of any linked site. The inclusion of any link does not imply endorsement, investigation, verification or monitoring by City First Bank of DC. In no event shall City First Bank of DC be responsible for your use of a third party site.

Community Impact

Community development is at the very heart of what we do.


LA Business Journal: 2022 Money Issue Read more
U.S. Department of the Treasury Announces Broadway as One of Read more
Merger Day 1 Announcement Read more
Shareholders Approved Merger Read more
Sonja Wells EVP CLO Announcement Read more