FDIC Insurance Over $250,000
It’s not uncommon for a business to deposit more money than the FDIC’s $250,000 limit, but that doesn’t mean you can’t be protected for higher amounts. We can help you insure millions through an IntraFi Network Deposit Account.
Ameris bankers make it easy to insure your deposits. Avoid the time-consuming hassle of opening accounts at different banks to keep your deposits insured. With just one Ameris Bank IntraFi Network Deposit Account, you can stay protected for any amount.
Don’t wait, insure all your business deposits today.
Safeguard your deposits
Ameris Bank is a member of IntraFi Network Deposits allowing us to insure your deposits, no matter the amount, are covered by FDIC insurance, with no additional effort from you.1
- Work with just Ameris Bank and receive just one regular statement
- Access your funds through a single checking or money market account
- Simplify reporting by eliminating ongoing collateral tracking and the need to footnote uninsured deposits in financial statements
Introduction to IntraFi Cash Service
How does It work?
Like other institutions that offer IntraFi Network Deposits, we are members of a special network. When we place your funds through the ICS or CDARS service, that deposit is divided into amounts under the standard FDIC insurance maximum of $250,000. The funds are then placed in demand deposit accounts or money market deposit accounts (using ICS), or in CDs (using CDARS), at multiple network banks. As a result, you can access coverage from many institutions while working directly with just one.
What else do you need to know?
You’ll receive a regular monthly statement from us showing your demand and savings balances and other key information. And you can check your balances and track other important information online, 24/7. Your confidential information remains protected.
Get Started
1 Deposit placement through an IntraFi service is subject to the terms, conditions, and disclosures in applicable agreements. Deposits that are placed through an IntraFi service at FDIC-insured banks in IntraFi’s network are eligible for FDIC deposit insurance coverage at the network banks. The depositor may exclude banks from eligibility to receive its funds. To meet conditions for pass-through FDIC deposit insurance, deposit accounts at FDIC-insured banks in IntraFi’s network that hold deposits placed using an IntraFi service are titled, and deposit account records are maintained, in accordance with FDIC regulations for pass-through coverage. Although deposits are placed in increments that do not exceed the FDIC standard maximum deposit insurance amount (“SMDIA”) at any one bank, a depositor’s balances at the institution that places deposits may exceed the SMDIA before settlement for deposits or after settlement for withdrawals. The depositor must make any necessary arrangements to protect such balances consistent with applicable law and must determine whether placement through an IntraFi service satisfies any restrictions on its deposits. IntraFi, the IntraFi logo, ICS, and CDARS are registered trademarks of IntraFi LLC.
Ameris Bank is a financial institution serving customers across the Southeast and Mid-Atlantic. Customers can benefit from Ameris Bank products and services through online account opening. Ameris Bank has full-service locations in Alabama, Florida, Georgia, North Carolina, and South Carolina and mortgage-only locations in Alabama, Georgia, Florida, South Carolina, North Carolina, Virginia, Maryland, and Tennessee.