Introducing The Certificate of Deposit Account Registry Service (CDARS)

Almost anyone who wants to combine the convenience of working with one financial institution with the security of FDIC insurance will benefit from CDARS.

When you place a large deposit with us, we use CDARS to place your funds into certificates of deposit issued by other financial institutions in the CDARS network. This occurs in increments of less than $250,000 to ensure that both principal and interest are eligible for full FDIC insurance.


If you have questions, please visit our Help Center, or contact us for assistance.

[1] Funds may be submitted for placement only after a depositor enters into a CDARS Deposit Placement Agreement with Colony Bank. [2] 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. [3] Because deposited funds are exchanged on a dollar-for-dollar basis with other banks in the network, Colony Bank can use the full amount of a deposit placed through CDARS for local lending, satisfying some depositors' local investment goals/mandates. Alternatively, with a depositor's consent, the bank may choose to receive fee income instead of deposits from other banks. Under these circumstances, deposited funds would not be available for local lending. CDARS is a registered service mark of Promontory Interfinancial Network, LLC.

Notice of Your Financial Privacy Rights