High-Balance Deposits
Have peace of mind knowing we can assist you to obtain full FDIC protection. KS StateBank offers IntraFi ServicesSM, ICS, for business and personal deposit accounts that exceed the $250,000 FDIC limit. You can be confident that your accounts are safe, with the convenience of working with one bank.
How does ICS work?
When we place your deposit through ICS, that deposit is divided into amounts under the standard FDIC insurance maximum of $250,000. The amounts are then placed into deposit accounts at multiple FDIC-insured banks. As a result, you can access FDIC coverage from many institutions while working directly just with us. And, you will earn interest at a rate set by KS StateBank.
You will receive one statement from us and access key details about your accounts online, 24/7. As always, know that your confidential information is protected.
Contact our Retail team to learn more.
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