100% FDIC Insurance up to $150 million PER DEPOSITOR through Endeavor Bank’s membership in the IntraFi Network*
Protecting the full value of your deposits, up to $150 million per depositor, is important to give you, our client, peace of mind. As a member of the IntraFi Network, Endeavor Bank offers the IntraFi Cash Service (ICS) to protect accounts exceeding the $250,000 FDIC insurance limit, up to $150 million per depositor. With this service, both principal and interest receive full FDIC insurance. Don’t be anxious about your deposit security.
How does the IntraFi Cash Service work?
When clients submit funds for placement through Endeavor Bank using ICS, that deposit is divided into amounts under the standard FDIC insurance maximum of $250,000 and placed into deposit accounts at other network banks. With your funds placed in amounts below $250,000, you can rest assured that both principal and interest are eligible for full FDIC insurance.
What deposit limits will I have?
The IntraFi Cash Service through Endeavor Bank grants depositors 100% FDIC Insurance on up to $150 million through Endeavor’s membership in the IntraFi Network, subject to IntraFi terms. Depositors work only with a single banking relationship with Endeavor Bank.
Can I still access all my deposits?
You can maintain access to your funds placed in demand deposit accounts and money market deposit accounts. You receive a regular monthly statement showing your demand and savings balances and other key information. You can check your balances and track other important information online, 24/7.
*This service is subject to the terms and conditions included in the IntraFi ICS Deposit Placement Agreement
“At Endeavor Bank, you don’t just get banking services. You get a banker who knows you and your business.”
–Steve Sefton, President of Endeavor Bank