Ask us about CDARS® and ICS.

Short-Term & Long-Term Solutions

Looking for a way to keep large deposits safe with one bank? 

Cortland Bank is a member of the CDARS® (Certificate of Deposit Account Registry Service) and the ICS (Insured Cash Sweep Service) which allows our customers to gain access to multi-million dollar FDIC insurance for deposits over $250,000, while dealing with one rate and one statement through Cortland Bank. For more information contact a branch near you.

The process for customers is very simple.

 Steps for Certificates of Deposit & Money Market Savings

Certificates of Deposits:

Limits apply. Funds may be submitted for placement only after a depositor enters into a CDARS® Deposit Placement Agreement with us. The agreement contains important information and conditions regarding the placement of funds by us. Accounts earn one interest rate per maturity as agreed with us. CDARS and Certificate of Deposit Account Registry Service are registered service marks of Promontory Interfinancial Network, LLC. 

Money Market Accounts:

Based on triggering events as set forth in the ICS Deposit Placement Agreement you enter into with our bank. Placement of your funds through the ICS service is subject to the terms, conditions, and disclosures set forth in the agreements, including the ICS Deposit Placement Agreement that you enter into with us. Limits and customer eligibility apply. Program withdrawals are limited to six per month. ICS is a registered service mark of Promontory Interfinancial Network LLC.


The standard FDIC Insurance maximum is $250,000 per insured capacity, per bank. Cortland Bank is a member of the CDARS and ICS Networks, which are registered service marks of the Promontory Interfinancial Network, LLC., which allows access to multi-million-dollar FDIC insurance through its member banks.  Member FDIC.