CHAPTER 5

Cash Alternatives: Yield Higher Returns for Idle Cash

WHAT'S NEW

CNote Promise Account. The Promise Account is a fully insured cash alternative that allows investors with more than $250,000 to distribute their capital across prequalified FDIC and NCUA insured CDFIs across the country. This account functions similarly to ICS and CDARs. Investors can deposit and insure up to $10 million through the Promise Account.

CHAPTER 5

Cash Alternatives:
Yield Higher Returns for Idle Cash

WHAT'S NEW

CNote Promise Account. The Promise Account is a fully insured cash alternative that allows investors with more than $250,000 to distribute their capital across prequalified FDIC and NCUA insured CDFIs across the country. This account functions similarly to ICS and CDARs. Investors can deposit and insure up to $10 million through the Promise Account.