Certificate of Deposit Account Registry Service (CDARS)

Protect your large investments while earning CD-level returns

When you deposit a large amount with us, we'll place your funds into CDs issued by other banks in the the CDARS® Network in increments under the standard FDIC insurance maximum, making both principal and interest eligible for FDIC coverage.

Best for

CDARS is an ideal program for organizations and individuals, including:

  • Businesses
  • Nonprofit organizations
  • Public fund managers
  • Trustees
  • Financial advisors
  • Credit unions


Advantages of CDARS include:

  • Access to multimillion-dollar FDIC insurance coverage, including the principal and interest of large deposits
  • Daily compounding interest
  • A set maturity date
  • A single consolidated account statement for all funds


By working directly with BB&T, you can eliminate:

  • Time spent managing multiple bank relationships
  • The effort of manually consolidating monthly statements
  • Time spent administering various interest rates per maturity
  • The need to monitor changing collateral on an ongoing basis
  • Time spent organizing interest disbursements from various sources

Ready to get started?

In person

Locate a branch.

What you'll need to open an account

Here's all the information you'll need to open your account online or in a branch. Please note: You'll need this information for each of your business owners, beneficial owners (25% stake or more), and authorized signers. Learn more about the requirements for opening a business account

For the organization

  • Federal Tax ID
  • Legal business name
  • "Doing business as" name, if applicable
  • Business incorporation details and issue date
  • State registrations, if applicable
  • Business address (both physical and mailing addresses)
  • Stock or ticker symbol, if publicly traded

For business owners

Opening your account at a branch? Before your visit, please complete the Beneficial Ownership Certification (PDF).

Opening your account online? You'll be able to enter the required information in your application.

Related services

Commercial Checking Solutions

Choose from a variety of checking account options to fit your needs.

Credit Cards

Enjoy a BB&T business credit card with competitive rates and flexible cash back options.

Not convinced that CDARS is right for you?

For a complete list of account fees, see our Business Services Pricing Guide (PDF).

See our Commercial Bank Services Agreement (PDF) for more information.

Learn more about your account, including fees and ways you can avoid them.

Branch Banking and Trust Company, Member FDIC.

New York City residents: Translation or other language access services may be available. When calling our office regarding collection activity, if you speak a language other than English and need verbal translation services, be sure to inform the representative. A description and translation of commonly-used debt collection terms is available in multiple languages at www.nyc.gov/dca.

Branch Banking and Trust Company is now Truist Bank. Learn more.

BB&T and SunTrust have merged to become Truist. Both institutions will continue to offer independent product lines for a period of time. This may include differing underwriting guidelines, product features, terms, fees and pricing. Our friendly teammates at your local SunTrust branches will be happy to walk you through their respective products. You can also learn more by contacting them at 800-SUNTRUST or SunTrust.com.

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