IntraFi® Deposit Account
Streamline managing your organization’s large cash balances with our IntraFi® Deposit Account. This convenient service gives you access to millions in FDIC insurance, daily liquidity and competitive interest rates. Plus, you enjoy all this through a single simple relationship with Pinnacle Bank, with just one transparent and detailed monthly statement. No need to manually manage multiple bank relationships, track collateral or footnote uninsured deposits in financial statements.
How it works:
Your organization places funds in your IntraFi® Deposit Account. Pinnacle Bank divides your deposit into smaller amounts under the FDIC insurance maximum. Then your funds are matched in deposit accounts with other IntraFi® Network banks using a reciprocal placement agreement.
Features
Secured
Access multi-million-dollar FDIC coverage
Streamlined
Receive just one monthly statement per service option and eliminate ongoing collateral tracking requirements.
Convenient
We manage your accounts, so you don’t have to.
Interest
Variable