PNC Capital Markets has announced their acquisition of Ambassador Financial Group, subject to closing conditions. This web site is scheduled to transition to PNC on April 12th.

AMBFG

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