Public Fund Deposits

Across the United States, local and state governmental organizations use reciprocal deposit services to access multi-million-dollar FDIC insurance through a single bank relationship. In this way, they are able to safeguard taxpayer money, keep funds local, and eliminate the burden of ongoing collateral tracking.

Here are a few facts about how public entities—including city, county, and state treasurers; school districts; police and fire districts; and public hospitals—are using ICS®, or the Insured Cash Sweep® service, and CDARS® provided by Promontory InterfinancialNetwork.


Public Fund Deposits by State


Find a Local Bank and Read State-Specific Information


Find an Institution