More coverage.
More protection.
More peace of mind.

Secure your large deposits with access to multi-million-dollar FDIC insurance at participating network banks.

What is ICS® and CDARS®?

Protect your funds while earning interest.

ICS (the IntraFi Cash Service℠) and CDARS (the Certificate of Deposit Account Registry Service®) are the simple, secure way to protect your association’s large deposits while working directly with us. Plus, you can earn interest and enjoy access to funds placed into either CDs using CDARS, or demand deposit accounts and money market deposit accounts using ICS.1

How it works.

Step 1

Make a deposit.

Deposits placed through ICS and CDARS are divided into amounts under the standard FDIC insurance maximum of $250,000.

Step 2

Diversify your money.

The amounts are then placed at network banks in demand deposit accounts and money market deposit accounts with ICS, or in CDs with CDARS.

Step 3

Protect your funds.

Your association's funds are eligible for FDIC insurance while on deposit at FDIC-insured participating network banks.

Contact us to learn more.

Fill out the form below to be contacted by a PAB Relationship Manager who can help you get started.

With ICS® and CDARS® you won’t need a plan B.

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Get more

Breathe easier knowing your funds are eligible for multi-million-dollar FDIC insurance1 backed by the United States government. Gain peace of mind with the smart, secure, convenient way to safeguard your large deposits.

Manage time
and money. 

Enjoy the flexibility to manage your cash flow based on your association’s individual liquidity needs. Plus, your accounts are managed by Popular Association Banking so you’ll enjoy the ease and convenience of working directly with one bank.

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Earn a rewarding

Put excess cash to good use and earn interest at a rate set by Popular Association Banking, and avoid the risks associated with prime money market mutual funds (MMMFs).

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Build communities

Take comfort in knowing your deposits can be used to help fund lending opportunities in your local community and underserved neighborhoods.1

More choices.

Take advantage of multiple liquidity options that help you stay in control of your deposits. Enjoy easy access to funds placed into demand deposit accounts and money market deposit accounts, or choose from a variety of CD maturities between 4 weeks and 3 years.

More peace of mind.

Have peace of mind knowing that you will receive detailed reporting provided by Popular Association Banking so you will know where your funds are every step of the way.

More security in fluctuating markets.

It’s smart to keep your cash secure in uncertain economic times. Your funds are eligible for multi-million-dollar FDIC insurance at participating network banks, and won’t be impacted by floating net asset values that can lead to loss of principal and reduced returns.

More trust.

You’re in good company with many other large depositors including businesses, nonprofits, government entities, fiduciaries, individuals and seasoned investors who trust ICS and CDARS with billions of their dollars.

Our team is here to help.

Loan Inquiries
Tel: (800) 233-7164

Deposit Inquiries
Tel: (800) 531-3573

Lockbox inquires
Tel: (786) 953-1369

Popular Association Banking
7920 Miami Lakes Drive West
Miami Lakes, FL 33016

Molly Hime
SVP, Division Manager
Tel: (305) 987-8719

John Marcelin
National Commercial Banking
Team Leader

Tel: (786) 953-1105

Cliff Tufts
North and Central Florida
Commercial Banking Team Leader

Tel: (813) 310-7507

Rebecca Prieto
South Florida Commercial
Relationship Officer, South Florida
Team Leader

Tel: (786) 953-1221

Kenneth Vasquez
South Florida Commercial
Relationship Officer

Tel: (786) 953-1142

David Shahrabani
Northeast and Mid-Atlantic
Commercial Relationship Officer

Tel: (917) 656-1156

Kelly Doherty Mucci, CMCA
Southeast (NC, SC, GA)
Commercial Relationship Officer
Tel: (910) 547-4248

Larry Hooper
Texas and Southern California
Commercial Relationship Officer

Tel: (949) 842-6161

Grant Shetron, CMCA, AMS, PCAM
Northern California
Commercial Relationship Officer

Tel: (510) 406-3198

Charles H. Dozer
Midwest (OH, Ml, IN, KY, TN, IA)
Commercial Relationship Officer

Tel: (614) 774-9020

Martin Klauber 
Midwest (IL, NC, SC, WI, MO, MN)
Commercial Relationship Officer

Tel: (847) 322-3149

Why choose Popular Association Banking?

Our reputation

We have earned our reputation by meeting the special, and often complex needs of our community association clients.

Our knowledge

We are devoted exclusively to managing financial requests from associations, and have extensive hands-on experience.

Our commitment

We believe a superior customer experience begins with a shared set of values that must shine through at every point of contact.

Additional products and services.


We make the process easy with a minimal amount of hassle, paperwork, and a quick turn around time.


We have deposit accounts specifically geared towards community associations.  Get the most for your money.


Our automated lockbox service raises the standards and puts every aspect of the lockbox process in your control.


Our online banking service offers robust information reporting and payments modules.