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CDARS

The safety of FDIC insurance coverage...the convenience of a local bank relationship

Through the Certificate of Deposit Account Registry Service ^SM , or CDARS ^SM , MainStreet Bank offers you a safe, convenient opportunity to put your cash to work, plus the benefit of FDIC insurance protection of every dollar. And your personal financial information is protected.

A safe, convenient solution for large-deposit investors

Until now, there were few ways an investor could enjoy full FDIC insurance on deposits larger than $100,000: open and maintain accounts with multiple banks or invest with one bank by transferring ownership and registering accounts in the names of family members or corporate affiliates.

All that has changed

Built and rigorously tested by seasoned banking professionals and experienced technology architects, CDARS is a proven system that serves the needs of companies, organizations, individuals and non-profits across the United States.

Through CDARS, large deposits can now be placed by MainStreet Bank into smaller-denomination CDs at multiple institutions. This service can offer you significant benefits:

• Safety of FDIC insurance for large deposits. Because funds are placed in FDIC-insured CDs that are issued by Network members, your total deposits over $100,000 can be eligible for full FDIC coverage, up to $50 million.
• CD interest. Rates may compare favorably with those of other high-quality, fixed-income investments
• Management convenience. You can manage all of your CD investments through a single relationship.
• Security of working with a trusted, local source. Your transaction is managed by the people you know and trust at MainStreet Bank.
• Simplified Record Keeping. MainStreet Bank will provide a consolidated 1099 that reports your taxable income.

Transactions through CDARS are processed quickly and easily

1. Submit an order. You submit a CDARS order with help from MainStreet Bank staff.
2. Agree to a maturity period. You select one of the maturity periods offered by MainStreet Bank.
3. Deposit through MainStreet Bank¹. Your funds are submitted by us for placement through CDARS.
4. CDs issued through the CDARS system. Your money is placed into CDs with denominations under $100,000, which are issued by other banks and thrifts; your entire deposit, up to $50 million, can be eligible for FDIC insurance coverage.
5. Confirmation of deposit. When your CDs are issued, you receive notification confirming your deposit.

Interest is paid directly to you or to an account you designate. Each month, MainStreet Bank will send you a statement listing all your CDs, the banks issuing the CDs, maturity dates, interest earned, and other details.

Other key benefits

By placing your funds through CDARS, you can earn income, preserve capital, access FDIC insurance on your total deposit, and benefit from the security that comes with a MainStreet Bank relationship.

¹Funds may be submitted for placement through CDARS only after a depositor enters into the CDARS Deposit Placement Agreement with MainStreet Bank. The agreement contains important information and conditions regarding the placement of funds through CDARS. Please read the agreement carefully before signing it.