District Utilizes IntraFi ICS Deposit Network
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Description
The Sunshine Water Control District uses the IntraFi Network’s ICS Program to place large deposits across multiple banks, enhancing FDIC insurance coverage while maintaining a single banking relationship. This structure supports secure management of the District’s excess cash.
Contract Details
Vendor
INTRAFI NETWORK
Agency
Sunshine Water Control District, FL
Contract Type
FINANCIAL_SERVICES
Document Date
August 13, 2025
Renewal Info
Ongoing use of the ICS Program administered through the District’s banking institution; terms governed by bank’s ICS agreement.
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