IntraFi Keep large deposits safe with Southwest National Bank and IntraFi.
Protect and grow cash balances; gain peace of mind.
Using solutions from Southwest National Bank and IntraFi®, you can access millions in FDIC insurance for deposits, both large and small, and enjoy the simplicity of banking with just one trusted, local institution. Conveniently and easily secure funds placed into demand deposit accounts, money market deposit accounts, or CDs.
Rest assured.
Relax knowing that your funds are eligible for multi-million-dollar FDIC insurance, protection that’s backed by the full faith and credit of the United States government.
Save time.
Capitalize on the simplicity of working directly with Southwest National Bank, and say goodbye to managing multiple bank relationships, tracking collateral, or having uninsured deposits to footnote in financial statements.
Earn a smart return.
Earn interest at a rate set by the participating institution of your choice. Rates often compare favorably to Treasuries and government money market mutual funds (MMMFs).
Make communities stronger.
Feel good knowing your are Banking Local
Flexibility.
Multiple liquidity options put you in control. Enjoy access to funds placed into demand deposit accounts and money market deposit accounts. With the CD product, you can select from a range of maturities between 4 weeks and 3 years.
Transparency and detailed reporting.
Feel confident knowing where your funds are at all times, and save time with detailed reporting provided via your local bank relationship.
Safety for your cash in any market environment.
Earn returns and keep your cash protected through economic ups and downs with access to millions in FDIC insurance.
A tested, trusted solution.
Depositors of all types, including businesses, nonprofits, government entities, fiduciaries, and individuals place billions of dollars through IntraFi’s services. And thousands of banks across the nation are part of IntraFi’s network of banks and financial institutions.
Contact your Southwest Personal Banker today and see how we can help simplify your finances and keep large deposits safe and insured with FDIC Federal Deposit Insurance.
Placement of funds through IntraFi Network Deposits is subject to the terms, conditions, and disclosures in the program agreements, including the applicable Deposit Placement Agreement (“DPA”). Limits apply and customer eligibility criteria may apply. Program withdrawals may be limited to six per month for funds placed in money market deposit accounts. Funds are placed at destination institutions in amounts that do not exceed the FDIC standard maximum deposit insurance amount (“SMDIA”) at any one destination institution. Using multiple destination institutions provides access to aggregate insurance amounts across institutions that are multiples of the SMDIA. Although funds are placed at destination institutions in amounts that do not exceed the SMDIA at any one destination institution, a depositor’s balances at the relationship institution that places the funds may exceed the SMDIA (e.g., before settlement for a deposit or after settlement for a withdrawal) or be ineligible for FDIC insurance (if the relationship institution is not an insured depository institution).
As stated in the DPA, the depositor is responsible for making any necessary arrangements to protect such balances consistent with applicable law. If the depositor is subject to restrictions on placement of its funds, the depositor is responsible for determining whether its use of IntraFi Network Deposits satisfies those restrictions. A list identifying IntraFi Network insured depository institutions at which funds may be placed through IntraFi Network Deposits may be found at https://www.intrafi.com/network-banks. As provided in the DPA, the depositor may exclude particular insured depository institutions from eligibility to receive the depositor’s funds. Network Deposits and the IntraFi hexagon are service marks, and IntraFi, the IntraFi Network logo, Insured Cash Sweep, ICS, and CDARS are registered service marks, of IntraFi Network LLC.