IDCFP Estimates Brokered CDs Less Than $250,000 to Continue to Outpace DTC Levels, and Recover to $360 Billion in 2021 and $490 Billion by Year-End 2022

For years, brokers, investment advisors, consultants, and others, relied on the Depository Trust and Clearing Corporation (DTCC) to provide monthly balances of qualifying brokered CDs. Since 2014, however, the level of brokered CDs under $250,000 computed by IDC Financial Publishing (IDCFP) as part of brokered deposits, continues to outpace the…

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Credit Unions are a Growing Force with Increasing Risk

Credit unions have grown to become a major factor in the U.S. economy, with assets that have grown at nearly twice the pace of banks’ over the past decade.1 Credit unions are owned by their members and are designed to offer lower borrowing costs and higher deposit rates. In addition, the…

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