The High Balance CD and Insured Cash Sweep® (ICS) are designed for individuals, non-profits, and businesses with higher liquidity and cash balance needs. They are available at all of our offices through a consultation with our bankers and cash management team.
A High Balance Certificates of Deposit has a 182 day term and is designed for personal and business accounts with a minimum opening balance of $250,000 or more. See a personal banker for more details.
ICS is an interest-bearing daily sweep account specifically designed for high cash balances and provides access to FDIC Coverage above traditional limits. ICS is a fully liquid account, and the entire balance can be accessed at any time without penalty. See a personal banker for more details.