CDARS®

CDARS® is an ideal solution for individuals, businesses, nonprofit organizations, and public funds.

Benefits Include:

  • Protection - Your money has access to multi-million dollar FDIC Insurance.
  • Convenience - You work directly with us — one bank — earn one consistent interest rate, receive one regular statement, and one year-end tax form.
  • Community investment - The full value of your money supports lending opportunities in your local community.
  • CD level rates - Your money earns CD-level returns which may compare favorably with other investment alternatives, including Treasuries, corporate sweep accounts, and money market funds.
  • Cash management tool - CDARS® can be a valuable cash management or longer-term investment tool for you.

How Does CDARS® Work?


Heartland Bank is a member of a special network. When you place a large amount with us, we in turn place your funds into CDs issued by other banks in the same network — in increments of less than the standard FDIC insurance maximum. Both principal and interest are guaranteed eligible for complete FDIC protection. You receive coverage from many banks yet have the convenience of working with just one.

No more time and hassle spent managing multiple bank relationships, administering various interest rates, organizing interest disbursements from various sources, or manually consolidating monthly statements — just think of the advantage next tax and financial reporting season!

Ask us about how CDARS® can work for you the next time you visit one of our branches, or email us for more information.
Funds may be submitted for placement only after a depositor enters into the CDARS® Deposit Placement Agreement with Heartland Bank. The agreement contains important information and conditions regarding the placement of funds by us.
CDARS® is a registered service mark of Promontory Interfinancial Network, LLC.
contact_us_button newsletters_button hours_locations_atms_button blog_button

At times, we may provide links to sites outside the control of our bank. We do not make any representations concerning the linked sites' contents or availability. You should review each site's privacy and information security policies carefully before you enter confidential information. 

Under the program for the FDIC Temporary Insurance Coverage for Transaction Accounts which runs through December 31, 2012, all noninterest-bearing transaction accounts are fully guaranteed by the FDIC for the entire amount in the account.  Coverage under the Temporary Unlimited Coverage for Noninterest-bearing Transaction Accounts is in addition to and separate from the coverage available under the FDIC general deposit insurance rules. Learn More

Deposit and loan products offered by Heartland Bank, Member FDIC, EqualHousingLogoTrans15 Equal Housing Lender



Marketing and Website provided by theWEBcentric