Cdars

CDARS is a registered service mark of Promontory Interfinancial Network, LLC. Taylor Bank CDARS Information. Minimum opening deposit per account of $35,000; Available in the following terms: 6.

1. Offering CDARS® is a great way to help us fulfill our mission of building the economic health of underserved communities in the Washington, DC area. City First will put your deposit to work where it.
2. Funds placed through CDARS are deposited only in FDIC-insured banks.Your financial institution acts as custodian for your CDARS deposits, and the subcustodian for CDARS deposits is The Bank of New.

CDARS^® is one of the safest and smartest investment vehicles for investors looking to protect their large-dollar investments while earning CD-level returns that may compare favorably to Treasury and money-market-fund yields.

CDs placed through CDARS offer investors (including institutional investors, such as corporations, foundations, and endowments):

• Access to multi-million-dollar FDIC insurance;
• The ease of working through one trusted relationship, earning one rate per maturity, and receiving consolidated statements;
• The ability to forego ongoing collateral tracking;
• The power of daily compounding; and
• A finite maturity date (in contrast to auction-rate or some adjustable-rate securities).

Investing through CDARS can be a strong alternative to Treasuries. Like Treasuries, FDIC insurance is backed by the full faith and credit of the U.S. government.

CDARS CDs are considered bank deposits. They are not DTC eligible and, currently, no secondary market exists. Early withdrawals are available, but require the payment of a substantial penalty.

You should compare the current rates and features of CDs (including CDs placed through the CDARS service) to other investment alternatives. Past performance may not be representative of future performance or success.

Limits apply. If a depositor is subject to restrictions with respect to the placement of funds in depository institutions, it is the responsibility of the depositor to determine whether the placement of the depositor’s funds through CDARS or a particular CDARS transaction satisfies those restrictions. Funds may be submitted for placement only after a depositor enters into a CDARS Deposit Placement Agreement with our bank. The agreement contains important information and conditions regarding the placement of funds by our bank through CDARS.

CDARS is a registered service mark of Promontory Interfinancial Network, LLC.

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Our vision

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CDARS is committed to improve the lives of vulnerable people and those with complex needs arising from the ill-effects of addiction to alcohol, drugs and other psychosocial conditions.

Our mission

• Providing a holistic approach to help improve the mental, physical, social and emotional health and wellbeing of clients
• Focusing on their recovery and re-integration into society;
• Supporting and providing information to members of their family and carers.

Our values

CDARS is a well-respected organisation with over 25 years’ experience delivering psychosocial services to substance misusers and their families. At the heart of our organisation are strong values; we are:

• Client-centred
• Inclusive
• Respectful
• Non-judgemental
• Confidential

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Our objectives

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• Provide a range of psychosocial services to support the recovery from drug and alcohol addiction, people experiencing mental health crisis and perpetrators of domestic violence, to support their re-integration within the community;
• Limit the harm which comes with drug and alcohol addiction for our clients, their families and carers, and the wider community;
• Raise awareness about the risks associated with drugs and alcohol within community settings.