CDARS® Frequently Asked Questions

CDARS® is a safe, convenient solution for large-deposit investors.

Ask us about CDARS®. It's a great solution for:

• Businesses
• Nonprofit Organizations
• Public Funds Managers
• Trustees
• Financial Advisors
• Individuals

With CDARS®, you can access up to $50 million in FDIC protection through One Georgia Bank. There are few guarantees in life - FDIC insurance is one of them. CDARS® can be a valuable cash management or longer-term investment tool for you or your business.

Why CDARS®?

It's one-stop shopping. CDARS® can offer you significant benefits:

• Safety - Your money can receive up to $50 million in FDIC insurance coverage.
• Convenience - We can manage all of your CD investments through a single relationship.
• CD-Level Rates - Your money earns CD-level returns which may compare favorably with other high-quality, fixed-income investments such as Treasuries, corporate sweep accounts, and money market funds.

How does CDARS® work?

One Georgia Bank is a member of a special network. When you place a large amount with us, we place your funds into certificates of deposit issued by other banks in the network - in increments of less than $100,000 - so that both your principal and interest are eligible for complete FDIC insurance. With help from a sophisticated matching system, we exchange deposits with other banks that are members of the network.

These exchanges, which occur on a dollar-for-dollar basis, can bring the full amount of your original deposit back to our bank. As a result, we can make the full amount of your deposit available for community lending purposes.

What else should I know?

Now, you no longer need to run around opening multiple accounts at multiple banks, managing various interest rates and organizing interest disbursements from various sources not offered by us. This reduces your administrative burden, especially during tax and financial reporting seasons.

And with CDARS®, you can eliminate the need to monitor changing collateral values - another time saving convenience.

Of course, at One Georgia Bank your confidential account information remains protected.
Transactions through CDARS® are processed quickly and easily. Ask us about how CDARS® can work for you the next time you visit our branch, or email lee.vig@onegeorgiabank.com for more information.

Funds may be submitted for placement only after a depositor enters into the CDARS® Deposit Placement Agreement by One Georgia Bank. The agreement contains important information and conditions regarding the placement of funds by us. CDARS® is a registered service mark of Promontory Interfinancial Network, LLC.