IDCFP Estimates Brokered Time Deposits Less Than $250,000 with or without CUSIPs and Sweep Accounts vs. Reported Total Brokered Deposits, Reciprocals, and Brokered Time Deposits over $250,000 IDC Financial Publishing, Inc. (IDCFP)’s estimate of brokered time deposits less than $250,000 for banks is calculated as total brokered deposits, less…
The growth dynamics in brokered CDs increased in average brokered CDs per issuing financial institution from $44 million in 1997 to $203 million in 2017. The growth was due to the increase in insurance levels to $250,000 in July 2010, mergers of banks issuing brokered CDs, and strong growth in…
“IDC has a remarkable track record of identifying deteriorating or improving performance months, and sometimes years, before it becomes apparent to other ranking companies,” as stated on the Washington State Department of Financial Institutions website and as displayed on IDC Financial Publishing, Inc.’s website. The following review of IDCFP rankings…
