IntraFi Money Market Account

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The DDA-MMDA Option of the IntraFi Network Deposits (formerly known as ICS^®, the Insured Cash Sweep^® service) is a smart, convenient way for bank customers to access multi-million-dollar FDIC protection on large deposits over $250,000 placed into money market deposit accounts.

With the IntraFi^SM Network Deposits service, you can:

Rest assured. Make even large deposits eligible for protection that’s backed by the full faith and credit of the federal government.

Save time. Work directly with just our bank—a bank you know and trust. Forego opening accounts under different insurable capacities or managing multiple bank relationships. And, if you are accustomed to collateralization, reduce the need to track collateral on an ongoing basis.

Earn interest. Put excess cash balances to work in interest-bearing savings accounts (money market deposit accounts).

Bank Safe, Bank Smart^®

Placement of funds through the IntraFi^SM Network Deposits service is subject to the terms, conditions, and disclosures in the service agreements, including the Deposit Placement Agreement (“DPA”). Limits and customer eligibility criteria apply. In the DDA-MMDA Option of the IntraFi Network Deposits savings option, program withdrawals are limited to six per month. Although funds are placed at destination banks in amounts that do not exceed the FDIC standard maximum deposit insurance amount (“SMDIA”), a depositor’s balances at the relationship institution that places the funds may exceed the SMDIA (e.g., before IntraFi Network Deposits settlement for a deposit or after IntraFi Network Deposits settlement for a withdrawal) or be ineligible for FDIC insurance (if the relationship institution is not a bank). As stated in the DPA, the depositor is responsible for making any necessary arrangements to protect such balances consistent with applicable law. If the depositor is subject to restrictions on placement of its funds, the depositor is responsible for determining whether its use of IntraFi Network Deposits satisfies those restrictions. DDA-MMDA Option of the INtraFi Network Deposits is a registered service marks of IntraFi Network^SM.