of Public Entities. of Taxpayer Dollars. Protected. THOUSANDS BILLIONS Safe, Smart, Flexible Solutions for Managing Public Funds. Across the United States, local and state governmental organizations use the Insured Cash Sweep ® , or ICS ® , and CDARS ® services to access multi-million-dollar FDIC insurance through a single bank relationship, safeguard taxpayer money, keep the amount of their deposit local, and eliminate the burden of ongoing collateral tracking. What could be easier? See if your bank offers ICS and/or CDARS, or find one of the thousands that do. ICSandCDARS.com & Placement of customer funds through the ICS service or CDARS service is subject to the terms, conditions, and disclosures set forth in the agreements that a participating institution’s customer enters into with that institution, including the applicable Deposit Placement Agreement. Limits apply, and customer eligibility criteria may apply. Program withdrawals are limited to six per month when using the ICS savings option. If a depositor is subject to restrictions with respect to the placement of funds in depository institutions, it is the responsibility of the depositor to determine whether the placement of the depositor’s funds through ICS or CDARS, or a particular ICS or CDARS transaction, satisfies those restrictions. CDARS, ICS, and Insured Cash Sweep are registered service marks of Promontory Interfinancial Network, LLC.
Cityscape May 2018: Page 2
