Archive: August 2019

Credit Unions: A New Growth Opportunity in Brokered CDs

Credit unions issuing brokered CDs averaged just 5 institutions per quarter from 2008 to 2015. Beginning in the 2nd quarter of 2015, these institutions accelerated from 5 to 147 by the 2nd quarter of 2019. IDC Financial Publishing (IDCFP) estimates by 2020, credit unions with brokered CDs outstanding could reach 300…

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