With IntraFi, you can keep your cash balances safe with a simple, secure solution.
With IntraFi, you can access FDIC protection for multiple CD accounts of $250K or less through a single bank relationship.
how it works
When you submit funds for placement through Agility using Certificate of Deposit (CD) accounts, that deposit is divided into amounts under the standard FDIC insurance maximum of $250,000 and placed in deposit accounts at other network banks. These accounts through IntraFi assure that both principal and interest are eligible for FDIC insurance.
benefits
Your funds are eligible, through IntraFi accounts, for FDIC insurance; your principal balance and the interest you earn is protected.
Save time by forgoing multiple bank relationships or opening accounts in different insurable capacities. Instead, receive one regular statement per account type.
Maintain access to funds placed into demand deposit accounts and money market accounts. When funds are placed into CDs, choose from a range of maturities.
Forego requiring a bank to collateralize your deposit and potentially receiving a lower rate as a result. Save time by eliminating the need to track changing collateral values on an ongoing basis.
Transparent reporting shows balances, transactions, interest, and other details associated with your accounts.
Support investment in your local community. Your funds placed through IntraFi's services can stay local to support lending opportunities that build a stronger community.