CHARITY DEPOSITS CORPORATION

CDC Deposits was founded in May 2000 with an ambitious objective: create a system through which investors could make large deposits in a network of participating FDIC-insured banks, with just a single transaction and full FDIC insurance on the entire deposit. Thus began the CDC Deposit Network. Using an Internet-accessible transaction structure, CDC Deposits solves the logistical and administrative challenges associated with depositing large sums of money in multiple banks. This aggregation of many individual deposits maintains FDIC-insured status and offers a high degree of liquidity. FDIC legal counsel has confirmed that the CDC Deposits structure provides “pass through” FDIC insurance to investors placing their money in banks within the CDC Deposit Network.

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