What is the IntraFi Network? 

The IntraFi Network is a shared network linking financial institutions of all sizes allowing depositors the ability to place money at multiple banks ensuring maximum FDIC insurance coverage all through one single banking relationship. When a member institution places your deposit into the network, the deposits are divided into amounts under the FDIC insurance maximum of $250,000 and then placed into multiple FDIC insured banks. 

The IntraFi Network allows you to utilize your existing Ciera Bank relationship for all accounting openings and management. This eliminates the hassle of having to open accounts at different banks or in different insurable capacities, as well as the need to manually consolidate account statements and interest disbursements on a recurring basis. This reduces administrative burdens especially during tax and financial reporting seasons, and frees up valuable time. 

So you can skip the extra paperwork while enjoying the peace of mind associated with access with this level of FDIC insurance coverage.

How does IntraFi work?: