With CDARS and ICS, you can enjoy the peace of mind that comes with access to multi-million-dollar FDIC insurance. You can also choose the service or combination of services that best meet your needs for returns and access to funds. Now that's smart!


Institutions like ours, that offer CDARS and ICS are members of a special network. When we place your deposit through the CDARS or ICS service, that deposit is divided into amounts under the standard FDIC insurance maximum of $250,000 and is placed in demand deposit accounts (using the ICS demand option), money market deposit accounts (using the ICS savings option) or CDs (using CDARS) at multiple banks. As a result, you can access coverage from many institutions while working directly with just one.


You work directly with the Morris Bank service team and you receive one monthly statement for each service or service option in which you participate. As always, your confidential information is protected.


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