Peace of Mind

• Rest assured knowing that your funds are eligible for FDIC insurance at participating network banks.
• You can feel secure knowing that market volatility will not reduce your principal balance. Your funds are not subject to floating net asset values.

Convenience

• Save time and enjoy seamless access to your funds by maintaining a single banking relationship with Oak View National Bank. We can place your funds through ICS® or CDARS® so that every dollar is eligible for FDIC insurance at participating network banks. There is no need to use repo sweeps or to track collateral on an ongoing basis.

Earn Interest

• Put cash balances to work in demand deposit accounts and money market deposit accounts with ICS and in CDs with CDARS.

Support Your Community

• Feel good knowing that the full amount of your funds placed through both ICS and CDARS can stay local to support lending opportunities that build a stronger community.¹

How it works

• Oak View National Bank is a member of IntraFi's network of banks. Working with you to establish a plan, we can place your funds to make them eligible for FDIC insurance at participating network banks. As a result, you can access FDIC insurance coverage from many financial institutions while enjoying the simplicity of working directly with us.
• ICS and CDARS provide you flexibility, allowing you to access FDIC insurance on your funds by placing them at participating network banks.
  • Through ICS, the IntraFI Cash ServiceSM, your funds are placed in demand deposit accounts and money market accounts.
  • Through CDARS, your funds are placed in certificates of deposit.

1. When deposited funds are exchanged on a dollar-for-dollar basis with other institutions that use ICS and CDARS, our bank can use the full amount of a deposit placed through ICS and CDARS for local lending, or satisfying some depositors' local investment goals or mandates. Alternatively, with a depositor's consent, our bank may choose to receive fee incoming instead of deposit from other participating institutions. Under these circumstances, deposited funds would not be available for local lending.

Deposit placement through CDARS or ICS is subject to the terms, conditions, and disclosures in applicable agreements. Although deposits are placed in increments that do not exceed the FDIC standard maximum insurance amount ("SMDIA") at any one destination bank, a depositor's balances at the institution that places deposits may exceed the SMDIA (e.g., before settlement for deposits or after settlement for withdrawals) or be uninsured (if the placing institution is not an insured bank). The depositor must take any necessary arrangements to protect such balances consistent with applicable law and must determine whether placement through CDARS or ICS satisfies any restrictions on its deposits. A list identifying IntraFi network banks appears at https://www.intrafi.com/network-banks. The depositor may exclude banks from eligibility to receive its funds. IntraFi, ICS, and CDARS are registered service marks, and IntraFi Cash Service, the IntraFi hexagon, and the IntraFi logo are service marks, of IntraFi Network LLC.