Archive: May 2018

Brokered CDs to Accelerate 82% by Year-End 2019

The Growth of Brokered CDs The total value of brokered CDs issued by a financial institution grew exponentially from an average of $44 million in 1997 to $228 million in the 1st quarter of 2018. This growth was due to an increase in insurance premiums, bank mergers, and strong growth in…

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