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ICS FAQs

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ICS FAQs

  • Why ICSSM?

  • How can deposits greater than the standard FDIC insurance maximum be eligible for insurance by the FDIC?

  • How often can I access my funds?

  • Who has custody of my funds?

  • Who provides the additional FDIC insurance when my funds are placed using ICS?

  • Is my account information safe?

Why ICS

Contact Us

[1] Placement of your funds through the ICS service is subject to the terms, conditions, and disclosures set forth in the agreements, including the ICS Deposit Placement Agreement, you enter into with us. Limits and customer eligibility criteria apply. Program withdrawals are limited to six per month.
[2] As reported by The Bank of New York Mellon in June 2011. Please see www.bnymellon.com\foresight\readcounter.cfm?id=tl324&lb for details.

ICSis a service mark of Promontory Interfinancial Network, LLC.