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What is a brokered CD?

In Banking - Cds - Asked by Admin - 14 months ago

A brokered CD is a large CD that is sold by the bank to the broker to be divided and sold in pieces to the customers.

Answered by Admin - 14 months ago

Tags: brokered cd , cds, cd, banking cd, investments, investing, banks, banking, what is a brokered cd?

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In Personal Finance - Asked by Admin - 14 months ago

If you have cash sitting in the bank and are scared to invest it into something or have a reason not to invest a CD might be a good option. CDs are a way to make a higher percentage from the bank each year. CDs come in different time periods and rates. If you have questions about CDs or need the answer to questions like "what is a brokered cd?" Zuuply.com can answer them or you can browse our archives.