We’re a Member of the CDARS® System.
With a Capital Bank CD,
Even Investments Larger Than the Current FDIC Insurance Limit Are
Eligible for Full FDIC Insurance.
With CDARS® – short for Certificate of Deposit Registry Service® – your CD purchase in excess of the current FDIC Insurance limit can be fully insured by the FDIC. We share potential risk of deposited amounts larger than the current FDIC Insurance limit with other CDARS member institutions, to allow your Capital Bank certificate of deposit to be eligible for full FDIC insurance coverage regardless of its face value.
Simply purchase your CD with the rate and maturity options you prefer from Capital Bank of New Jersey. If its value exceeds the current FDIC Insurance limit, we'll break the amount into shares and place them with other CDARS member banks. Result? You sign one CD agreement with us instead of several; you earn a single rate instead of having to negotiate multiple ones; you receive one statement instead of many; and you enjoy the peace of mind that only full FDIC protection can give.
One Source. One Rate. One Statement.
With CDARS, there is no need to manually consolidate statements, track changing collateral values, or use private surety bonds. And you will receive written confirmation of your deposits and a listing of all your CDs. For more information, please contact us.