Archive: February 2016

The Boom of Brokered Deposits and Link to Higher Wages

IDC Financial Publishing, Inc.’s (IDCFP) research indicates loan to deposit ratios above 84% generate an acceleration in brokered deposits. IDCFP believes that as community bank mortgage lending accelerates, those banks not issuing brokered CDs could benefit from the advantages of using this form of funding. IDCFP took a look at…

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Identifying Banks That Issue Brokered CDs

Many banks are looking for alternatives to raising rates or using advances from the Federal Home Loan Bank to attract new deposits. Banks with strong loan growth may raise funds and generate liquidity through issuing federally insured certificates of deposit (CDs). A large number of banks utilize the brokered CD…

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