Brokered Cd’s

The brokered CD market has increasingly become an integral part of funding and overall balance sheet management for many institutions. Often, this funding source represents a lower cost funding option than local market funding. Clients can search for the funding they need, in the maturities they desire.

Here are some of the salient features:

  • FDIC insured (per current deposit insurance rules)
  • Callable by the issuer, if desired
  • Cost effective wholesale funding source
  • Implement long or short term funding strategies without the impact of local market pricing
  • Issued via nationwide distribution network