Skip to content

Town and Country Bank and Peoples Prosperity Bank are members of CDARS® (Certificate of Deposit Account Registry Service) and Insured Cash SweepSM (ICS)*. These products give you the security to obtain FDIC insurance and earn competitive interest rates in both liquid and term investments. This additional insurance can eliminate collateralization requirements and make accounting procedures more efficient.

When we place your deposit within the network, the deposit is divided into amounts under the standard FDIC insurance maximum of $250,000 at other well-capitalized banks. As a result, you can access coverage from many institutions while working directly with just us.  You receive one easy-to-read statement from our bank summarizing all your money market and CD holdings.

Our bank now offers automatic program deposits and withdraws from ICS. You can set sweep thresholds for your account that will automatically generate program deposits and withdrawals.

More about CDARS:

More about ICS:

*Limits may apply. Funds may be submitted for placement only after a depositor enters into a CDARS and or ICS Deposit Placement Agreement with us. This agreement contains important information and conditions regarding the placement of funds by us. CDARS and ICS are registered service marks of Promontory Interfinancial Network, LLC.