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  • March 16, 2008 at 8:44 PM #12134
    citydweller
    Participant

    Does anyone know if CDARS accounts are really a safe place for deposits over $100,000? Supposedly you can deposit several $100,000 dollars into one bank, they then deposit it to several different banks with each account being just under $100,000, so all the money is FDIC insured. Can any bank do this?

    March 16, 2008 at 9:11 PM #171242
    patb
    Participant

    sounds like a clever way to lose mone

    March 16, 2008 at 9:11 PM #171576
    patb
    Participant

    sounds like a clever way to lose mone

    March 16, 2008 at 9:11 PM #171580
    patb
    Participant

    sounds like a clever way to lose mone

    March 16, 2008 at 9:11 PM #171601
    patb
    Participant

    sounds like a clever way to lose mone

    March 16, 2008 at 9:11 PM #171681
    patb
    Participant

    sounds like a clever way to lose mone

    March 16, 2008 at 9:28 PM #171252
    davelj
    Participant

    CDARs are totally legit for people who need more than $100K insured and don’t want to screw around with having accounts at multiple banks. I posted on this several months ago. For some perspective, I’m a director of a bank that offers CDARs.

    March 16, 2008 at 9:28 PM #171583
    davelj
    Participant

    CDARs are totally legit for people who need more than $100K insured and don’t want to screw around with having accounts at multiple banks. I posted on this several months ago. For some perspective, I’m a director of a bank that offers CDARs.

    March 16, 2008 at 9:28 PM #171589
    davelj
    Participant

    CDARs are totally legit for people who need more than $100K insured and don’t want to screw around with having accounts at multiple banks. I posted on this several months ago. For some perspective, I’m a director of a bank that offers CDARs.

    March 16, 2008 at 9:28 PM #171611
    davelj
    Participant

    CDARs are totally legit for people who need more than $100K insured and don’t want to screw around with having accounts at multiple banks. I posted on this several months ago. For some perspective, I’m a director of a bank that offers CDARs.

    March 16, 2008 at 9:28 PM #171688
    davelj
    Participant

    CDARs are totally legit for people who need more than $100K insured and don’t want to screw around with having accounts at multiple banks. I posted on this several months ago. For some perspective, I’m a director of a bank that offers CDARs.

    March 16, 2008 at 9:49 PM #171272
    citydweller
    Participant

    davelj, thanks. I’ll look for your previous posts.

    March 16, 2008 at 9:49 PM #171604
    citydweller
    Participant

    davelj, thanks. I’ll look for your previous posts.

    March 16, 2008 at 9:49 PM #171610
    citydweller
    Participant

    davelj, thanks. I’ll look for your previous posts.

    March 16, 2008 at 9:49 PM #171631
    citydweller
    Participant

    davelj, thanks. I’ll look for your previous posts.

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