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Keep large deposits safe.

With Intra-Fi Network Deposits®, you can access FDIC protection on multi-million dollar CD investments through First Hope Bank. There are few guarantees in life—FDIC insurance is one of them. 

In addition to security, this effortless solution cuts down tremendously on man-hours required to manage multiple relationships. Enjoy streamlined statements and tax reporting through one complete relationship. Ask us about CDARS today.


  • Multi-million dollar FDIC insurance coverage
  • All deposits managed through a single relationship
  • One interest rate, one regular statement
  • Flexible maturity periods available
  • Annual tax statement consolidated in one report

How It Works

First Hope Bank is a member of a special network. When you place a large amount with us, we place your funds into deposits issued by other banks in the same network—in increments of less than $250,000—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.

These exchanges, which occur on a dollar-for-dollar basis, can bring the full amount of your original deposit back to our bank. As a result, we can make the full amount of your deposit available for community lending purposes.**

What Else Should I Know?

Now you no longer  have to spend time managing multiple bank relationships, administering various interest rates, organizing interest disbursements from various sources, or manually consolidating monthly statements. This reduces your administrative burden, especially during tax and financial reporting seasons.

And with Intra-Fi Network Deposits, you can eliminate the need to monitor changing collateral values—another time saving convenience.

*Minimum deposit at account opening may apply. Statement fee may apply. Currently, applications for new accounts can only be accepted from individuals who are available to visit a branch location to complete the process.

**This benefit applies to some, but not all types of Intra-Fi Network Deposits transactions. Let us know if this benefit is important to you, so that we can explain the relevant terms and conditions in more detail.

CDARS is a registered service mark of IntraFi Network LLC

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