You're Covered at Blue Foundry Bank
We understand the importance of your financial assets and the need to protect them. That’s why we offer CDARS® (Certificate of Deposit Account Registry Service) and ICS® (IntraFi® Cash ServiceSM), so you’re covered with additional insurance once your account relationship at Blue Foundry Bank exceeds standard FDIC limits. When utilizing these products, your deposit is divided into smaller amounts and placed into Certificates of Deposit (when using CDARS®) or demand deposit accounts (when using ICS®) at other banks that are members of IntraFi®'s network. With these Blue Foundry Bank services, other banks provide the necessary FDIC coverage to insure your entire deposit with us, all managed through our partnership.
Both individual consumers and businesses can access competitive interest rates in addition to expanded FDIC insurance coverage through these services.
To get started, please visit your local branch or call 888-931-BLUE.
FEATURED ACCOUNTS
CDARS® CDs1
We make it easy to save on your terms, while ensuring that all your deposits are secured under a single bank, giving you the peace of mind you deserve.
Available in 4 Week, 13 Week, 26 Week, 52 Week, 2 Year and 3 Year terms
Interest rate locked in for the entire term
Minimum opening deposit of $10,000
Visit your local branch or call 888-931-BLUE for current rates.
BLUE AXIS® ICS SWEEP
Get all the benefits you would receive from our Blue Axis® Checking account with full FDIC Insurance coverage of up to $135 million, all while keeping your funds liquid.
Unlimited ATM cash withdrawal fee rebates worldwide2
No monthly maintenance fees
Minimum opening deposit of $1
Earn up to $120 annually with our quarterly promotions
Interest earned on all balances3
Blue Balance Access No Fee Overdraft Assistance available
Early Pay available
Avoid a $2 monthly statement fee by enrolling in eBanking and selecting eStatements
Visit your local branch or call 888-931-BLUE for current rates.
BLUE CARBON EDGE® BUSINESS ICS® SWEEP
Get all the benefits you would receive from our Blue Carbon Edge® Business Checking account with full FDIC Insurance coverage of up to $135 million, all while keeping your funds liquid.
No monthly maintenance fees and maintain a balance of $250,000+ in a Blue Carbon Edge® Business Checking account
Improved interest rates3
Dedicated Answer Desk # & Transition Team
Unlimited incoming & outgoing wire transfers
Free Remote Deposit Capture service and single-feed scanner
Up to $200 credit towards Merchant Services equipment4
Free Fraud Monitoring with Positive Pay
Free ACH Origination Services with Same Day ACH available
Up to $150 credit towards First Order of Checks4
Early Pay & Blue Balance Access No Fee Overdraft Assistance available
Avoid a $5 monthly statement fee by enrolling in eBanking and selecting eStatements
Visit your local branch or call 888-931-BLUE for current rates.
1 Early withdrawal penalties will apply.
2 Unlimited ATM fee rebates apply to cash withdrawals using your Debit MasterCard® at all participating Accel and Cirrus ATMs worldwide. ATM fee rebates do not apply to any fees other than those assessed for using an ATM to withdraw cash from your Blue Foundry Blue Axis® Checking account. Blue Foundry Bank® makes its best effort to identify those ATM fees eligible for rebate, based on information it receives from MasterCard® and ATM operators. Blue Foundry Bank reserves the right to modify or discontinue the ATM fee rebate at any time.
3 Rate is subject to change after account opening. Fees may reduce the earnings on the account.
4 If you purchase a Merchant Services device, Blue Foundry Bank will credit your account up to $200. You will receive a credit up to $150 for your first order of checks. Your checking account must remain open until the credit(s) are posted, which is within 180 days after account opening date.
Deposit placement through the Certificate of Deposit Account Registry Service (CDARS®) or Intrafi Cash ServiceSM (ICS®) is subject to the terms, conditions, and disclosures in applicable agreements. Although deposits are placed in increments that do not exceed the FDIC standard maximum deposit insurance amount (“SMDIA”) at any one destination bank, a depositor’s balances at the institution that places deposits may exceed the SMDIA (e.g., before settlement for deposits or after settlement for withdrawals) or be uninsured (if the placing institution is not an insured bank). The depositor must make any necessary arrangements to protect such balances consistent with applicable law and must determine whether placement through CDARS® or ICS® satisfies any restrictions on its deposits. A list identifying IntraFi network banks appears at https://www.intrafi.com/network-banks. The depositor may exclude banks from eligibility to receive its funds. IntraFi, CDARS and ICS are registered service marks of IntraFi Network, LLC.
Customers are eligible for CDARS® and ICS® when their initial Blue Foundry Bank relationship exceeds FDIC insurance limit.