Business Investments

  FDIC Insured Investment

CDARS and ICS Sweep

INB is part of CDARS® (Certificate of Deposit Account Registry Service®). The service allows you to access FDIC insurance on large CD deposits and earn CD-level rates, which often compare favorably to Treasuries and money market mutual funds business investments.

When you place a large deposit with INB, we place your funds into CDs issued by members of the CDARS network. CDs are purchased in increments below the standard FDIC insurance maximum of $250,000 so both the principal and interest are eligible for FDIC insurance. When you’re ready to take advantage of CDARS, here’s what happens with your money:

  • Your funds are placed using the CDARS service.
  • Your CDs are issued by other members in the CDARS Network.
  • You receive confirmation of your CDs from INB.
  • You receive consolidated interest payments and statements from INB.

With ICS®, the Insured Cash Sweep® service, you can secure your large deposits while maintaining access to funds and earning interest. Your funds are placed in demand deposit accounts or money market deposit accounts and work similarly to CDARS.

Business Savings

Regular Business Savings Account. The Regular Business Savings account requires just $100 to open and pays interest on all balances. You can use this account to accumulate money to save for a specific purpose, or to move it to another account, such as an operating account.

Business Money Market Savings. The Business Money Market Savings account is designed for more substantial deposits than a regular business savings account and pays a higher interest rate at each balance tier.

Contact us at 217-747-5500 or 877-771-2316 for more information.

For more business solutions, learn about INB’s trust and wealth management, commercial loan options, and additional business products.

  Non FDIC Insured Investment

INB Wealth Strategies offers tailored strategies to help you fulfill your personal and business goals. We are able to draw from a comprehensive list of financial products and services from numerous companies in order to fit your specific needs.

INB also serves as a constant point of contact for financial support.

Learn more about investments with INB Wealth Strategies here.

*Note: Offering general securities through Hilltop Securities Independent Network Inc., Member FINRA/SIPC. Not FDIC Insured. No Bank Guarantee. May Lose Value.

  Wealth Management

INB’s wealth management services will help your business achieve its long-term goals.