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Would you like up to $150 million of FDIC protection on your deposits? You can on deposits placed money market deposit accounts through Titan Bank’s IntraFi Network Deposits Demand option.
Financial institutions that offer IntraFi Network Deposits are members of a special network. When you submit funds for placement through Security Federal using IntraFi Network Deposits, that deposit is divided into amounts under the standard FDIC insurance maximum of $250,000 and placed in deposit accounts at other network banks. You can choose to have funds placed in demand deposit accounts (using the demand option), money market deposit accounts (using the savings option), or CDs. With your funds placed in amounts below $250,000, you can rest assured that both principal and interest are eligible for FDIC insurance.
Let us know you’d like IntraFi and you’ll sign an IntraFi Network Deposits DPA (Deposit Placement Agreement) and a custodial agreement with Titan Bank.
Let us know which Titan Bank accounts you’d like to have additional protection on.
Your funds will be seamlessly spread to FDIC insured banks across the nation, with less than $250,000 at each bank.
You’ll enjoy transparent, detailed reporting. You can check balances and see which banks your funds are at all times using easily accessible online tools.
You’ll receive a monthly statement detailing your full balances as well.
We'll send you an IntraFi Network Deposits DPA (Deposit Placement Agreement) and a custodial agreement with Titan Bank to sign.
