Page 55 - February 20, 2025 Bulletin
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Opt for Flexible,
Trusted Deposit Services
From shifting demands to evolving market conditions,
we know your bank’s funding needs aren’t always
predictable. With IntraFi's ICS and CDARS services,
®
®
it's easy for banks to grow relationships yet move
deposits off balance sheet when needed, or to
maintain funding amounts on balance sheet as
liquidity needs dictate. The services offer an
attractive combination of benefits for your
customers and allow your bank to set its own
rates. IntraFi is the largest deposit placement
service provider and its network enables the
highest per bank and per depositor capacity,
offering the ability to make large dollar
placements every business day.
Find out how your bank can use IntraFi
services to grow customer relationships
and help optimize its balance sheet.
www.intrafi.com
Contact your Managing Director
Brad Cole at (866) 776-6426,
x3392, or bcole@intrafi.com
Deposit placement through an IntraFi service is subject to the terms, conditions, and disclosures in applicable agreements. Deposits that are placed
through an IntraFi service at FDIC-insured banks in IntraFi’s network are eligible for FDIC deposit insurance coverage at the network banks. The depositor
may exclude banks from eligibility to receive its funds. Although deposits are placed in increments that do not exceed the FDIC standard maximum deposit
insurance amount (“SMDIA”) at any one bank, a depositor’s balances at the institution that places deposits may exceed the SMDIA before settlement for
deposits or after settlement for withdrawals or be uninsured (if the placing institution is not an insured bank). The depositor must make any necessary
arrangements to protect such balances consistent with applicable law and must determine whether placement through an IntraFi service satisfies any
restrictions on its deposits. IntraFi is not an FDIC-insured bank, and deposit insurance covers the failure of an insured bank. A list identifying IntraFi network
banks appears at https://www.intrafi.com/network-banks. Certain conditions must be satisfied for “pass-through” FDIC deposit insurance coverage to
apply. To meet the conditions for pass-through FDIC deposit insurance, deposit accounts at FDIC-insured banks in IntraFi’s network that hold deposits
placed using an IntraFi service are titled, and deposit account records are maintained, in accordance with FDIC regulations for pass-through coverage.
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