COMPANY

Operator of CDARS, the Certificate of Deposit Account Registry Service. This invention permits the $100,000 FDIC insurance on deposits to be spread over multiple institutions to cover large deposits exceeding that amount. That is theory -- it is untested if in a large series of defaults whether these would actually be covered.

Official Website:
http://www.promnetwork.com/

Industry:
Finance

Ticker:
(private)

Corporate headquarters:
Arlington, VA

CURRENT BOARD MEMBERS OR DIRECTORS

Name	Occupation	Birth	Death	Known for
Ken Duberstein	Government	21-Apr-1944		Reagan's Chief of Staff, 1988-89
Frank N. Newman	Business	20-Apr-1942		CEO of Bankers Trust, 1996-99
Warren Rudman	Politician	18-May-1930		US Senator from New Hampshire, 1980-93
Frank G. Zarb	Business	17-Feb-1935		US Energy Czar, 1974-77

PAST BOARD MEMBERS OR DIRECTORS

Name	Occupation	Birth	Death	Known for
Anne L. Armstrong	Government	27-Dec-1927	30-Jul-2008	US Ambassador to the UK, 1976-77

Copyright ©2025