How do I begin using the ICS service with Twin Cedars Bank?

To get started with your ICS account, you’ll first need to sign an ICS Deposit Placement Agreement and a custodial agreement with Twin Cedars Bank.

After this, you will identify a checking account or other transaction. You may select an existing account or set up a new one to be used with each ICS option you choose.

Then, you will place funds through the Insured Cash Sweep by working directly with Twin Cedars Bank. We will do the legwork without charging customers any fees. Based on the ICS option you select, funds will be sent between your account(s) at Twin Cedars Bank and demand deposit accounts and/or money market deposit accounts at other ICS Network Institutions.*