Access to Multi-Million-Dollar FDIC Insurance Coverage with ICS® and CDARS®

Protect your business with greater FDIC deposit insurance coverage and gain peace of mind.  With Insured Cash Sweep ICS® and Certificate of Deposit Account Registry CDARS® your deposits are secure, and your business is banking smart with these profit-enhancing solutions.

How it works.

Step 1

Make a deposit.

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

Step 2

Diversify your money.

The amounts are then placed in demand deposit accounts or money market deposit accounts using ICS®, or in CDs using CDARS®, at multiple banks. 

Step 3

Protect your funds.

Your funds are deposited and insured across institutions that work directly with Popular Association Banking.

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

ICS® Benefits

Earn interest.

Put excess cash balances to work by placing funds into demand deposit accounts using the ICS® demand option, money market deposit accounts using the ICS® savings options, or both.1

Enjoy peace of mind.

Your ICS® funds are eligible for multi-million-dollar protection backed by the full faith and credit of the United States government. ICS® is a secure and convenient way to safeguard your large deposits.

Enjoy flexibility.

Enjoy the flexibilty to choose between or select both ICS® Demand and ICS® Savings options to best match your cash management and liquidity needs.1

CDARS® Benefits

One bank.

Everything is handled through us. Your large deposit is divided into CDs in amounts under $250,000, so that your entire investment is eligible for FDIC insurance.1

One rate.

With CDARS® there's no need to worry about fluctuations in the market. You will earn one rate on your entire investment.

One statement.

Popular Association Banking manages your accounts and you’ll receive one statement with CDs, maturity dates, interest earned and more.

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.

Have questions or want to learn more?

Speak with a specialist today.
(800) 531-3573
Monday – Friday, 8:30am – 5:00pm

Additional Products & 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.