Multiple Broker CD Issuer Sign Up
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Easy as 1, 2, 3
| Step 1. |
Contact a CBFC Funding Consultant at 800-483-6835 or info@cbankfunding.com. Our capable relationship focused Funding Consultants can send you and enrollment package including due diligence information to get your bank set-up on MBCD. |
| Step 2. |
Complete the NO FEE industry standard “Master Brokerage” Agreement. If your bank has ever issued brokered CD’s this agreement will look the exact same to you. If you have not the agreement is very straightforward and only needs to be executed once. Upon completion simple return the agreement to CBFC. |
| Step 3. |
Our Funding Consultants can verify that your institution is set up with the Depository Trust Company (DTC) which settles all brokered CD transactions. Upon completion your bank is ready to begin transacting. |
The MBCD Program offers your bank the ability to diversify funding sources. Our skilled Funding Consultants will work with you to identify the best level of execution via our trading partners on Wall Street. The ability to access multiple distribution sources through one relationship is the real power in our MBCD model.
