Insured Deposit Network
FOR INFORMATIONAL PURPOSES ONLY
CU Capital Market Solutions Insured Deposit
Network (“IDN”) provides up to $60 million
in federal insurance coverage for your large
commercial, non-profit, individual and local
government Members. Now, by applying the
NCUA regulation for pass-through insurance,
your credit union, for the first time, can attract
large deposit Members, expand Member services,
and manage your liquidity all at the same time.
How IDN Works
PROGRAM
INSTITUTIONS
CUSTODIAN
US BANK, NA
MEMBERS
INDIVIDUALS BUSINESS GOVERNMENT
YOUR
CREDIT UNION
PROGRAM
INSTITUTIONS
PROGRAM
INSTITUTIONS
01
02
03
04
The Custodian
allocates funds
exclusively to prescreened Program
Institutions providing
federally-backed
deposit insurance
When a Member deposits funds into
their IDN account, the Program
Administrator6 allocates all funds in
a manner to ensure no institution
receives more than $250,000,
making certain all funds are
guaranteed as to principal and
interest by the U.S. Government or
its agencies.
Interest is accrued daily and
paid monthly. Your Credit Union
receives month end statements
which provide account balance,
transaction history, interest
earned and balances held in
Program Institutions.
Your Credit Union
can manage your
Member accounts
24/7 through our
online client portal.
How IDN Works For Your Credit Union
IDN
IDN is a simple and powerful tool that allows your credit union to insure
AT-A-GLANCE
deposits in excess of the $250,000 insurance limit. Business Members,
non-profits, individuals, and local government Members. IDN allocates
your Members’ large deposits across its proprietary network, ensuring full
federal insurance (NCUA & FDIC) on all deposits1. IDN provides federal
insurance protection on deposits up to $60 million per tax ID, a competitive
yield and no term restrictions.
Benefits To Your Credit Union

Attract new ‘large deposit’ Members – individual, business, municipalities

Increase fee income on balances – you set the rate and earn the spread

Improve the management of your liquidity

Simple to get started; no system interfaces are required

No set-up fee, maintenances or ongoing fees

Easy to manage with one account and one consolidated statement
AVAILABLE
FEDERAL
INSURANCE1
MINIMUM
ACCOUNT
SIZE
$250,000
LIQUIDITY
Next day
liquidity3
YIELD
Benefits To Your Members

Complete safety with up to $60 million of federal insurance on deposits

Maintain their relationship with your credit union

Ongoing updates with confirmations provided on every transaction

Simplicity – One agreement and a single consolidated statement

Delivers a competitive yield
3
7200 West 132nd St., Ste 240
Overland Park, KS 66213
800-222-0978
[email protected]
www.cucapitalmarketsolutions.com
$60,000,000
NO FEES
You set the
Member rate,
You earn the
spread4
No set up fee
No maintenance fee
No ongoing fees of
any kind
THE NETWORK INCLUDES 600+
INSTITUTIONS REPRESENTING ALL 50 STATES
Puerto Rico
NOTES & DISCLOSURES
THIS DOCUMENT IS FOR INFORMATIONAL PURPOSES ONLY AND DOES NOT CONSTITUTE AN OFFER TO SELL OR A SOLICITATION OF AN OFFER TO BUY SECURITIES.
1. IDN is not a member of the Federal Deposit Insurance Corporation (FDIC) or National Credit Union Administration (NCUA), but the Institutions where your money is deposited are FDIC or NCUA members. The maximum
FDIC & NCUA insurance per Tax ID at each institution is $250,000. The FDIC & the NCUA are independent agencies of the U.S. government that protects the deposits in the FDIC & NCUA insured institutions. FDIC &
NCUA deposit insurance is backed by the full faith and credit of the U.S. government. IDN satisfies the FDIC & NCUA requirements for agency pass-through insurance coverage.
2. If you have additional non-IDN cash at any depository institution that is in the IDN network then you may not receive full FDIC and NCUA insurance coverage on your deposits at those institutions.
3. Liquidity is available on a next business day basis and limited to 6 transactions per statement cycle. Same day purchase credit and next day liquidity redemptions are subject to an 11:00 AM EST cut-off. Please read the
IDN Terms and Conditions for more complete information and the governing terms of the account (including liquidity, fees, terms, etc). This can be found at www.cucapitalmarketsolutions.com
4. Yeild quotes as of July 1, 2016. Please call 800.222.0978 for the most current yield. Performance quoted represents past performance, which is no guarantee of future results. Current yield and maximum FDIC and NCUA
insurance coverage is indicative for IDN and may change without notice due to changes in the market or business conditions. IDN return is the net yield to clients based on APYE for the period indicated as reported by CMS
5. U.S. Bank, N.A. is not affiliated with CU Capital Market Solutions, LLC and is not responsible for, and does not guarantee the products, services or performance of its affiliated and third party providers.
6.StoneCastle Cash Management, LLC (“Program Administrator”) serves as the investment advisor and has discretionary authority to direct the placement of assets in insured depository institutions. StoneCastle is a registered
investment advisor with the Securities and Exchange Commission and is responsible for selecting the institutions into which funds are deposited and ensuring all deposits remain below the FDIC and NCUA insurance amount per
institution through IDN. CU Capital Market Solutions, LLC is not a bank, nor does it offer bank deposits and its services are not guaranteed by the NCUA or FDIC or any other government agency. CU Capital Market Solutions, LLC is
an investment adviser registered with the SEC. For more information see its Form ADV Parts 1 and 2A on file with the SEC. Registration with the SEC does not imply a particular level of skill or training.
FOR INSTITUTIONAL USE ONLY