CDARS

Smart Investing.

Through the CDARS service, Columbia Bank can provide you with easy access to multi-million dollar FDIC protection on your CD investments.

How Does CDARS Work?

Columbia Bank is part of a special network. When you place a large amount with Columbia Bank , we place your funds into CDs issued by other banks in the CDARS network - in increments that are below the current federal deposit insurance threshold - so that both principal and interest are eligible for complete FDIC protection. As a result, you can receive coverage from many banks while working with just one.

Convenience and Piece of Mind

CDARS can significantly reduce your administrative burdens, especially during tax and financial reporting seasons; there's no need to manually consolidate statements or interest disbursements or to calculate blended rates. Additionally with CDARS, you can say “goodbye” to surety bonds, collateralization requirements (like monitoring changing collateral values on a recurring basis), and opening accounts at different banks in different insurable capacities. All of this can save you time and money.

• One Bank

  Access multi-million dollar FDIC insurance coverage by working with just us - the bank you know and trust.

• One Rate

  Negotiate one rate with our bank for each CD maturity and enjoy the option of reinvesting them through a simple process.

• One Statement

  Receive one easy-to-read statement from our bank summarizing all your CD holdings.