Committed to Our Communities


Enjoy $50 Million in FDIC insurance through the CDARS® service, we can provide you with easy access to multi-million dollar FDIC protection on your CD investments.

How does CDARS work?

We are part of a special network. When you place a large amount with us, we place your funds into CDs issued by other banks in the network – in increments of less than $100,000 – 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.

  • You work with City State Bank, the bank you know and trust, to secure large deposits (from $10,000 to $50,000,000).
  • One Rate. You earn one interest rate on CD investments placed through CDARS. With CDARS, there is no need to negotiate multiple rates or manually compute disbursements for each CD.
  • One Statement. You receive one regular statement detailing your CD investments. You no longer need to consolidate statements at the end of each month, quarter, or year.
  • No Hidden Fees. There are no hidden fees of any kind. You will not be charged annual fees, subscription fees, or transaction fees for using the CDARS service. The rate you see is the rate you get.
  • A Wide Variety of Maturities. You can select from various maturities — ranging from 4 weeks to 5 years (260 weeks) — and choose the terms that best suit your investment needs.

What else should I know?

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.
As always, your confidential information remains protected.
Funds may be submitted for placement only after a depositor enters into an agreement with us.
CDARS is a registered service mark of Promontory Interfinancial Network, LLC. General 9/06