Every situation is different, and when you need expanded FDIC insurance coverage, we’re pleased to offer a solution. That solution is the CDARS service and access to FDIC insurance coverage on millions in deposits. As part of the CDARS network of banks, we’ll distribute your funds into CDs at other banks in the network. The results for you include broader financial security and the added convenience of working with just one bank.
By following the guidelines established by CDARS, you can access FDIC insurance coverage on multi-million dollar deposits.
| Term | Funding Limit | APY |
|---|---|---|
| 3 month | $12.5M | |
| 6 month | $12.5M | |
| 1 year | $12.5M | |
| 2 year | $2.5M | |
| 3 year | $1M |
Annual Percentage Yields (APYs) are accurate as of .
Friday prior to account opening date, 5 p.m. (ET)
Wednesday prior to account opening date, 12 p.m. (ET)
Maturity alerts will be sent 15 days prior to the CD maturity date.
Since there are no automatic rollovers with CDs placed through CDARS, you’ll need to contact us directly to request a rollover.
Importantly, all rollover requests must be received by 9 p.m. (ET) on the Tuesday prior to your maturity date. Requests may be sent to us by any of the methods noted below. Upon receiving your request, we’ll be in touch if additional information is required.
1-877-790-8967 Weekdays, 8 a.m. - 9 p.m. (ET)
TIAA Bank, 11 Oval Dr., Suite 107, Islandia, NY 11749
1-888-882-6977
Log in to your account. Under the Service tab, choose 'Contact Us.'