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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
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.
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