When your business has liquidity needs, you can count on Bell Bank’s Insurance Cash Sweep (ICS) through IntraFi Cash Services. ICS offers FDIC coverage on deposits exceeding the $250,000 FDIC limit, giving you the ability to access FDIC coverage from multiple institutions while working directly with the bank you know and trust. 

ICS is the nation’s most widely used FDIC-insured deposit solution, combining the institutional strength of Wall Street with the community presence of Main Street. Here’s how the program works: 

1. You place a large deposit of funds with Bell. 
2. As a member of the IntraFi network, Bell will work with IntraFi to place your deposits in increments of $250,000 or less among various banks within the IntraFi network. 

Advantages of Bell’s ICS Program 

• Peace of mind: With ICS at Bell, you can access millions of dollars in FDIC insurance and be confident knowing that any funds placed in the IntraFi network are not subject to liquidity fees or mutual fund liquidity gates. Your funds will be secure and unaffected by market volatility. 
• Transparency: You’ll receive one statement from Bell that will show balances, transactions, interest and other important details associated with your deposit accounts. You can access your information online 24/7. 
• Time savings: Instead of having to make multiple deposits with several different institutions, you’ll only need to work with us. This will save you the time and effort of managing relationships and keeping track of your deposits across multiple banks. 
• Support of the local economy: When you make a large deposit with Bell, you help support the lending needs of local small businesses, nonprofits and the overall community we serve. 

If you’re interested in learning more about ICS at Bell, contact your treasury management banker today.