Main Menu

Download our mobile app

Community Association Deposit Solutions

Earn a competitive interest rate on an array of deposit accounts with custom options for expanded FDIC Coverage. Your earnings are available to reinvest your communities.


Interest Bearing Accounts

Secure your deposits while earning interest. Earn a competitive interest rate on checking accounts, Money Market accounts, Certificates of Deposit and the additional account types listed below.

 

CAB Interest Checking
Tiers Interest Rate Annual Percentage Yield (APY*)
$0 - 2,499.99 0.05% 0.05%
$2,500 - 25,000 0.05% 0.05%
$25,000 and above 0.05% 0.05%

Rates effective as of 10/15/2019

 

Certificates of Deposits (CDs)

Rates and terms vary based on deposit amount and length of CD. Current Rates.
 

Money Market Accounts

Variable Rate Money Market is a tiered interest rate product, based on the balance in the account. This product can be used as an operating overflow account, or as a reserve account and limited to six withdrawals per month.

 

Tiers Interest Rate Annual Percentage Yield (APY*)
$1,000 - 99,999.99 0.4% 0.4%
$100,000 - 249,999.99 0.45% 0.45%
$250,000 - 499,999.99 0.5% 0.5%
$500,000 and above 0.6% 0.6%

Rates effective as of 10/15/2019

 

Sweep Accounts

Move your excess funds overnight to earn interest on a checking or operating account.
 

Automated Insured Cash Sweep (ICS)

Protect your deposit funds when they exceed FDIC insurance limits. The ICS program provides you with control over your deposits. Choose the option that works best for your business.

  • Automated - when your deposits reach the designated thresholds, your funds are automatically transferred to multiple banks in increments within the FDIC insurance coverage amount to ensure all funds and interest are insured.
  • Manual – utilize our online banking platform to manually transfer funds.
     
CDARS®(Certificate of Deposit Account Registry Service)

CDARS® is the Certificate of Deposit Account Registry Service®. You'll have access to full FDIC coverage on deposits up to $50 million—so you can rest assured that your deposited funds are safe and secure.

 

Tiers Interest Rate Annual Percentage Yield (APY*)
4 Weeks 0.6% 0.6%
13 Weeks 0.75% 0.75%
26 Weeks 0.9% 0.9%
52 Weeks (Promo) 1.98% 2%
104 Weeks 1.39% 1.4%
156 Weeks 1.59% 1.6%

Rates effective as of 10/15/2019

 

*Limitations Apply. Coverage available on balances up to $1,000,000. Ask a banker for complete details.

Rates subject to change without notice.

The illustrated minimum collected balance must be maintained to obtain the disclosed Annual Percentage Yield (APY) for that tier. The daily collected balance method is used to calculate the interest on the account. This method applies a daily periodic rate to the principal in the account each day. Fees could reduce the earnings on the account. Penalty may be imposed for early withdrawal on accounts with stated maturities. The interest rate and APY may change after the account opening. APY assumes interest will remain on deposit until maturity. Interest on tiered accounts is paid on the full balances. Specials are not offered on the Promontory or CDARS (CD Placement) program.

Some limits apply, including minimum opening balance and balance requirements. Ask a banker for complete details.