Axos Bank Insured Cash Sweep (ICS)
Protect your business deposits with IntraFi® Network Deposits.SM
Earn interest with Axos Bank Insured Cash Sweep (ICS) through IntraFi® Network DepositsSM. Protect your large, liquid deposits and gain access to multimillion-dollar FDIC insurance. Benefit from one business bank relationship.
Features & Benefits
Access FDIC insurance up to $265 million* through a single bank relationship
Secure large business deposits while maintaining convenient access to funds
Meet liquidity needs for your business
How It Works
You get FDIC insurance coverage from many institutions but work solely with us. Receive just one regular statement and feel secure knowing your confidential business information is protected.
Open your account(s) with one of our dedicated business relationship managers.
Your business deposits are sent to accounts at other member institutions in amounts under the standard FDIC insured limit of $250,000.
Would you like to get the peace of mind that comes with access to millions in FDIC insurance, combined with the convenience of working directly with just our bank?
With IntraFi Network Deposits, you can.
IntraFi Network Deposits, formerly ICS, is a trusted, tested product used by thousands of businesses, government entities, and institutional investors across the nation for cash management needs.
It is the easiest way to access multi-million dollar FDIC coverage on demand deposit accounts, money market deposit accounts, or both.
No one has ever lost a penny of FDIC-insured funds.
So, how does it work?
Let's say you have $1 million to invest.
When you place your funds using IntraFi Network Deposits, The funds are divided into amounts below the FDIC insurance maximum of $250 ,000 and placed with other FDIC-insured participating banks.
Know where your funds are at all times.
Record-keeping is transparent, detailed, and simple.
You receive one regular statement from our bank showing interest earned and other important details for deposits placed through intrafine network deposits.
And, of course, your confidential information remains protected.
No more maintaining multiple bank relationships, manually consolidating balances and interest disbursements, or having to footnote uninsured deposits in financial statements.
And by making funds eligible for FDIC protection, you can eliminate the non-stop hassle of ongoing collateral tracking, if you are accustomed to doing so.
With IntraFi Network Deposits, you can have it all.
Focus on transparency, safety, yield potential and convenience.
Ask us about IntraFi Network Deposits today.
Contact Us
Speak with a business banking relationship manager Monday-Friday 6am to 6pm PT, excluding federal holidays.
Call us at 844-678-2726 or complete the form below to request a callback.