CDARS ®

Using CDARS® Oklahoma State Bank can provide you with up to $20 million in FDIC insurance coverage on your certificate of deposit accounts.

A safe, convenient solution for large-deposit C.D. investors

Until now, there were only three ways an investor could enjoy full FDIC insurance on CD's accounts larger than $100,000. Open and maintain accounts with multiple banks, invest with one bank by transferring ownership and registering accounts in the names of family members, or work through a broker-dealer.

All that has changed

Through the Certificate of Deposit Account Registry Service (CDARS®) large deposits can now be placed by Oklahoma State Bank into smaller denomination CDs at multiple institutions. This allows you to obtain:

Contact Marlene Kincade for more information Toll Free at 877-611-5585 or e-mail us at cdars@okstatebank.com

Funds may be submitted for placement through CDARS® only after a depositor enters Into the CDARS® Deposit Placement Agreement with us. The agreement contains Important Information and conditions regarding the placement of funds by us through CDARS®. Please read the agreement carefully before signing it. CDARSSM is a registered trademark of the Promontory Interfinancial Network.