• Security and peace of mind for large deposits

Certificate of Deposit Account Registry Service (CDARS®)

Next Steps

First Tennessee makes it easier to manage large deposits with CDARS®, the Certificate of Deposit Account Registry Service®. Now, you can manage all of your deposits – up to $50 million – with maximum FDIC coverage under one roof.

Product Features

  • When you open a large deposit CD with us using CDARS, we disperse your money into CDs issued by other banks in the CDARS network of financial institutions.
  • The CDs issued are in increments of less than the standard FDIC insurance coverage amount to provide you with maximum FDIC insurance.
  • Minimum deposit of $100,000 required.

Product Benefits

  • We handle the transaction with the other banks.
  • Terms are available from four weeks to three years with a minimum opening deposit of $100,000.
  • For more information, contact the CDARS Support Desk toll-free at 1-800-806-2815 or CDARS@FTB.com.

Funds may be submitted for placement through CDARS only after a depositor enters into a CDARS Deposit Placement Agreement. CDARS and Certificate of Deposit Account Registry Service are registered service marks of Promontory Interfinancial Network, LLC.


  • Enjoy money market rates and FDIC insurance with BizEssentials Savings

Federal Deposit Insurance Corporation Banking products and services are provided by First Tennessee Bank National Association. Member FDIC. First Tennessee Bank National Association, and its banking division, Peoples Bank, are the same FDIC-insured institution. Deposits held under each trade name are not separately insured, but are combined to determine whether a depositor owner has exceeded the $250,000 FDIC insurance limit. All First Tennessee non-interest bearing checking accounts are fully guaranteed by the FDIC through December 31, 2012.