Business > CDARS / ICS



CDARS (Certificate of Deposit Account Registry Service) provides an excellent alternative to managing multiple accounts at several financial institutions in an effort to remain fully FDIC insured.  CDARS benefits include:  

One Bank

Sit back, relax, and let us do the work!  Following a brief interview to identify your financial preferences and needs, Quail Creek Bank will divide your excess cash into smaller amounts and place it with various other financial institutions in the CDARS Network.  Each of these financial institutions will issue CDs on your behalf, providing you with fully FDIC-insured deposits.  By working directly with your personal representative at Quail Creek Bank, you can receive insurance through many financial institutions!

One Rate

Once you select a CD term (e.g.,  six months, twelve months), the rate for all CDs issued at that term are identical, thereby eliminating multiple rate negotiations with each financial institution. 

One Statement

Best of all, you'll receive one consolidated statement, listing all of your CDs, along with their issuing banks, maturity dates, interest earned, and other details.  With CDARS, there's no hassle and no more track changing collateral values on an ongoing basis.



ICS, or Insured Cash Sweep, provides the same great FDIC coverage as CDARS with the flexibility of withdrawing funds! 

Product Benefits:

  • Deposits are fully FDIC insured
  • Earn a return on excess funds without the worries of paying early withdrawal fees
  • Optional online access to your account, 24/7
  • Flexibility to withdraw funds up to six times per month
  • Save time by working with Quail Creek Bank instead of hassling with multiple banks 
  • One easy-to-read statement containing information about all of your accounts

By working directly with just one bank, the bank you know and trust, you can obtain protection through many.  Plus, you receive one monthly statement.  It's that simple. 

Contact Us

Call Us: (405)755-1000

Erin_contact_banner Cd-rates-banner Small_banner Small_banner