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Ann Arbor State Bank Ann Arbor State Bank
125 West William St.
Ann Arbor, MI 48104 (734) 761-1475


With CDARS®, you can obtain FDIC protection on CD investments through Ann Arbor State Bank. CDARS® can be a valuable cash management or longer-term investment tool for you.


With CDARS®, you can access safety. Your money in excess of the FDIC insurance limits can be placed in CD’s that have FDIC insurance coverage. You work directly with us. You earn a competitive interest rate interest rate based on the term of the CD you select, and you receive one regular statement and one year-end tax form. Your money earns CD-level returns, which may compare favorably with other investment alternatives, including Treasuries, corporate sweep accounts and money market funds.

How does CDARS® work?

We are a member of a special network. When you place a large amount with us, we place your funds into CDs issued by other banks in the same network – in increments of less than the standard FDIC insurance maximum – so that both principal and interest are eligible for complete FDIC protection. As a result, you can receive FDIC insurance coverage from many banks while working with just one.

What else should I know?

Now, you no longer have to spend time managing multiple bank relationships, administering various interest rates, organizing interest disbursements from various sources, or manually consolidating monthly statements. This reduces your administrative burden, especially during tax and financial reporting seasons.

For more information about how CDARS®, please call customer service at (734) 761-1475.