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Features

  • Access to FDIC insurance above $250,000 through a single bank relationship
  • Secure large deposits while maintaining access to funds
  • Earn interest
  • Funds eligible for protection that is backed by the full faith and credit of the federal government

Meeting Your Liquidity Needs

Place funds using either or both options

 
Complete agreement
Complete an ICS Deposit Placement Agreement and a custodial agreement with Axos Bank, ICS Network member.
 
Confirm account
Identify an existing transaction account (or setup a new one) to be used with each ICS option and deposit funds*.
 
Place deposits
Deposits are sent to deposit accounts at other member institutions in amounts under the standard FDIC insurance maximum of $250,000.
 

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