Offering Trusted Deposit Solutions for 20 Years

 

 

 

Socially responsible deposits
that make a difference

Advancing
Communities TogetherSM
Deposit Program

 

Bank Deposits with an Impact

Your organization can access multi-million-dollar FDIC insurance at IntraFi network banks and benefit many socially motivated program banks while working directly with just one.

The ACT Deposit Program aims to bolster funding for community lending by making it easier for a participating bank that is a community development financial institution (CDFI) or minority depository institution (MDI) to acquire funding from socially motivated depositors. This special program within IntraFi's ICS® service was developed in cooperation with the Community Development Bankers Association (CDBA) and National Bankers Association (NBA).

New-CDBA-NBA_LogosTogether

 

View ACT Deposit Program Banks

Deposit placement through CDARS or ICS is subject to the terms, conditions, and disclosures in applicable agreements. Although deposits are placed in increments that do not exceed the FDIC standard maximum deposit insurance amount (“SMDIA”) at any one destination bank, a depositor’s balances at the institution that places deposits may exceed the SMDIA (e.g., before settlement for deposits or after settlement for withdrawals) or be uninsured (if the placing institution is not an insured bank). The depositor must make any necessary arrangements to protect such balances consistent with applicable law and must determine whether placement through CDARS or ICS satisfies any restrictions on its deposits. The depositor may exclude banks from eligibility to receive its funds. IntraFi, ICS, and CDARS are registered service marks, and IntraFi Cash Service and the IntraFi hexagon are service marks, of IntraFi Network LLC.

 

Smiling banker shakes hands with customer


Learn more about how your deposits can impact communities in need while supporting your socially responsible investing goals.