Brokered CD

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Brokered CD

A certificate of deposit issued by a bank or thrift institution bought by a brokerage firm in bulk for the purpose of reselling to brokerage customers. A broker CD features a higher interest rate, usually 1% higher, and are FDIC insured and do not usually have commissions.

Brokered CD

A certificate of deposit (CD) that one buys through a brokerage. A bank originates the CD, which a brokerage then buys and sells to its clients, usually in smaller pieces. A brokered CD pays a higher interest rate than most CDs to which a small investor has access, and may be traded. As with all CDs, they are insured by the FDIC.

brokered CD

A certificate of deposit of a commercial bank or savings and loan that is sold through an intermediary (usually a brokerage firm) rather than directly by the savings institution itself. Small investors can frequently obtain rates paid on very large certificates through brokered CDs, which are generally sold in $1,000 units.

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No references found			Many of these small banks also engaged in brokered CDs, which banking agencies maintained have proved their undoing, figuring also in other 2009 failures. Georgia CU league CEO defends the health of banks in his state by Credit Union Times One can open up accounts at different banks, but it may be easier to track multiple CDs by buying so-called brokered CDs. A SAFE PLACE IN A TIGHT CORNER by Christopher Farrell / BusinessWeek When purchasing a brokered CD, identify the issuer. The Low-Down on CDs Tips for Savers by Ann Knapp / Finance and Investment community			Broadside Brochure Brochureware Broken Date Broken Up broker Broker Association Broker Call Loan Broker Comparison Broker ITS Broker Loan Rate Broker of Record broker price opinion Broker Recommendations Broker's Call Broker's Loan Broker-Dealer broker-in-charge brokerage Brokerage Account Brokerage Department Brokerage Firm Brokerage General Agent Brokerage Supervisor Brokerage Window Brokered CD Brokered Deposit Brokered Market Brokers' Loans Bronzing Brookings Institution broom clean Brought Over the Wall Brown Goods Brownfield Brownfield Investment brownfields brownstone Browser BRR Brunei Dollar Brussels Principles of Valuation Brussels Stock Exchange Bruttoeinkommen Bruttogewinn Bruttoinlandsprodukt Bruttosozialprodukt Bruttoumsatz BRZ BS BSD			Brokerage Fees Brokerage Fees Brokerage Fees brokerage firm brokerage firm brokerage firm brokerage firm brokerage firm Brokerage Firms Brokerage Firms Brokerage General Agent Brokerage General Agent Brokerage General Agents brokerage house brokerage house brokerage house brokerage house Brokerage Supervisor Brokerage Supervisors Brokerage window Brokerage Windows Brokerages Brokerages Brokerages Brokerages Brokerages brokered brokered brokered brokered Brokered CD Brokered CDs Brokered Certificate of Deposit Brokered Certificates of Deposit Brokered Deposit Brokered Deposits Brokered Login Transaction Brokered Login Transaction Client Brokered Login Transaction Service Brokered market Brokered Markets brokered private peering brokering brokering brokering brokering Brokerly brokers brokers brokers brokers Brokers and Reinsurance Markets Association Brokers Call Brokers Calls Brokers National Life Assurance Company Brokers Risk Placement Service, Inc. Brokers' Call Brokers' Calls Brokers' loans BrokerTec Clearing Company Brokery

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