![]() ![]() Program withdrawals may be limited to six per month when using the ICS savings option. ICS, the Insured Cash Sweep service, is a smart, secure, and convenient way for bank customers to access multi-million-dollar FDIC protection on large deposits and earn a return. With the Insured Cash Sweep service, we have access to a unique network, and can place your funds in to demand deposit accounts, money market accounts or both. Limits and customer eligibility criteria apply. The Depositor Control Panel (DCP) is a secure website specially created to help you manage your ICS account. Use of the ICS service is subject to the terms, conditions, and disclosures set forth in the applicable agreements. ICS may be a secure and convenient solution for:įor more information about our Insured Cash Sweep®, contact a member of our treasury management team at Shore United Bank. Save time by having your entire banking relationship at Shore United Bank.Learn More HOA Certificates of Deposit (CDs) Receive a guaranteed rate for holding these HOA CDs for a given time period until maturity. Maintain FDIC insurance coverage, earn interest and retain the liquidity of a business money market deposit account. HOA Insured Cash Sweep (ICS) Money Market With ICS, we use the Promontory Network to give you full access to your funds, while maintaining 100 FDIC insurance, even for funds over 250,000. Have peace of mind knowing your funds are FDIC insured Insured Cash Sweep Savings (ICS Savings).ICS allows you to consolidate your banking relationships under one umbrella and receive multi-million dollar FDIC protection. Savings and investment cash Schwab Bank Investor Savings account Schwab Bank Investor Savings account 0.48 APY 1 Get a competitive yield regardless of your balance and keep your liquid savings growing. If you maintain multiple banking relationships for FDIC insurance coverage, then our Insured Cash Sweep® (ICS) may be a good option to consider. Everyday cash Purchase investments, pay bills, and manage daily expenses. Creative Ways to Lower the Cost of College.BOC U.S.A.s New York branch is a member of the Promontory Interfinancial. Go to Wye Financial Partners Homepage > CERTIFICATE OF DEPOSIT ACCOUNT REGISTRY SERVICE (CDARS) / INSURED CASH SWEEP (ICS). ![]()
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