Insure upto $50 million with the FDIC using CDARS

CDARS is another way to circumvent the FDIC 100k insurance limit with one account and using a network of regional banks. From the CDARS website:

CDARS® is the Certificate of Deposit Account Registry Service®. And it's the most convenient way to enjoy full FDIC insurance on deposits of up to $50 million. With CDARS, you sign one agreement with a participating local bank or other financial institution of your choice, earn one interest rate, and receive one regular statement. It's that easy.


CDARS is the perfect solution for many depositors — from non-profits and public funds to businesses, advisors (including trustees, CPAs, financial planners and lawyers) and individuals, as well as socially-motivated investors.


You've worked hard for your money. Now let it work hard for you. See for yourself.

After calling one of the banks on the list, CDARS does offer competitive market rates. Please make sure your money is fully insured by either staying under the FDIC limits with various accounts in multiple banks, buying brokered CDs or using the CDARS network.