Smart, Safe Investing
Up to $50 Million in FDIC Coverage
Benefit from multi-million dollar FDIC coverage through Paragon’s participation in the Certificate of Deposit Account Registry Service. The CDARS service provides Paragon’s clients with the safety, stability and assurance of FDIC insured investments, while working with a proven, consistent local team in their banking relationship.
Security and convenience
Paragon’s CDARS service allows you to:
- Work directly with experienced local decision-makers to manage one comprehensive bank relationship
- Earn one rate on your entire investment
- Receive one consolidated statement
- Access up to $50 million in complete FDIC coverage on your total deposit
CDARS works for you
Using a sophisticated matching process, the program divides your total investment into amounts under the standard FDIC insurance maximum. Those CD segments are then deposited at other well-managed FDIC-insured member institutions in the CDARS network. Paragon then receives the same total deposit amounts in return from other member institutions to allow complete FDIC protection of your aggregate deposit amount – up to $50,000,000.
Dedication to service excellence
Paragon’s client development officers value your relationship and partner with you to provide consistent guidance and support, tailored to your banking needs and goals. We are committed to being accessible and responsive - focusing on offering you our collective experience and extending relevant, valuable programs to maximize your investment.
One Bank, One Rate, One Statement….
To view our Letter to Shareholders and Clients,
Click Here
To learn more about the benefits of Paragon’s CDARS service, please contact a specialist below: