Fall Regulatory Summit

Internal Use Only

An Overview of IntraFi ® Services

September 2023

Internal Use Only

Principal Products and Services

CDARS ® A service through which banks place customer funds in CDs at network banks, enabling customers to earn interest and access multi million-dollar FDIC insurance.

ICS ® A service through which banks place customer funds in DDAs or MMDAs at network banks, enabling customers to earn interest and access multi million-dollar FDIC insurance.

IntraFi Sweep SM A service that supports

arrangements in which broker dealers and other custodial agents sweep their customers’ funds into FDIC-insured deposit accounts at banks.

Median asset size of members (as of 9/6/2023)

Total outstanding balances (as of 9/6/23)

Number of members (as of 9/6/23)

CDARS

2,870

$513M

$36.3B

ICS

2,599

$553M

$321.4B

IntraFi Sweep

124

$14B

$263.9B

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