CDARS

What else do I need to know?

You will receive a monthly statement that lists all of your CDs, the maturity dates and issuers, as well as your interest earned and other details. We are the only people you’ll need to deal with at any time or for any service – including deposits, re-investments, withdrawals, and statements. In addition to your monthly statements, you will receive a single year-end 1099 that reports your taxable income (private investors only).

It’s as easy and simple as that.