IntraFi Cash Service (ICS) account is an innovative, secure, and convenient way for bank customers to access multi-million-dollar FDIC protection on large deposits.

What is an ICS deposit?

Banc of California is a member of the IntraFi Network that links many of the largest banks and financial institutions in a shared network. The ICS product allows us to sweep your excess funds onto the network to other FDIC Insured Member Banks all below the $250,000 FDIC limit. If you have more than $250,000 in savings, checking accounts or certificates of deposit in an investment plan, you might want to consider using the ICS. This effective cash management tool can provide over $250,000,000 in FDIC coverage.

How does banking with ICS work?

When we place funds for you using ICS, your deposit is sent from your transaction account at Banc of California into deposit accounts at other ICS Network banks in amounts below the standard FDIC-insured maximum of $250,000. This makes your funds eligible for FDIC insurance protection.

As a result, you can access FDIC-insured coverage from many institutions while working directly with Banc of California.

How do I keep track of my ICS account balance?

With an ICS account, you will receive regular monthly statements from Banc of California showing your ICS deposit balances and other essential information.

Additionally, you can check your ICS balances, get copies of statements and track information online anytime through the Depositor Control Panel.

Is my information secure with an ICS?

Your confidential financial information remains protected with an IntraFi Cash Service account.

How do I begin using the ICS service with Banc of California?

Contact your relationship manager to open your IntraFi Cash Service account today. If you are new to Banc of California, call or click and one of our specialists will reach out to you. Eligibility requirements and other conditions apply.