brokered deposit

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• brokered deposit — UK US noun [C] ► FINANCE a large amount of money put into a bank that is made up of smaller amounts collected from customers by a broker in order to get a higher rate of interest …   Financial and business terms

• Brokered Deposit — A large denomination bank deposit that is sold by a bank to a brokerage, which then divides it into smaller pieces for sale to its customers. Core deposits such as deposits to checking accounts, savings accounts and certificates of deposit made… …   Investment dictionary

• brokered CD — A certificate of deposit issued by a bank or thrift institution bought by a brokerage firm in bulk for the purpose of reselling to brokerage customers. A broker CD features a higher interest rate, usually 1% higher, and are FDIC insured and do… …   Financial and business terms

• Brokered Certificate Of Deposit — A certificate of deposit (CD) that is purchased through a brokerage firm, or from a sales representative other than a bank. The bank is still the initiator of the CD, but has outsourced to firms that strive to locate potential investors. A higher …   Investment dictionary

• brokered deposits — Bank deposits solicited by a third party broker. Usually but not always deposits for some amount slightly below $100,000 so that all interest as well as principal is covered by deposit insurance. Brokers are typically paid a fee by the depository …   Financial and business terms

• Certificate of deposit — This article is specific to the United States. For a more general article, see Time deposit. Banking in the United States Monetary policy The Federal Reserve System Regulation Lending Credit card Deposit accounts Savings account Checking account …   Wikipedia

• Fixed-Rate Certificate of Deposit — A certificate of deposit (CD) which has a set interest rate to be paid throughout the entire lilfe of the investment. There are many types of fixed rate CDs, such as liquid CDs, brokered CDs, callable CDs and traditional CDs. This a great… …   Investment dictionary

• deposito brokerato —   Eng. brokered deposit   E un tipo particolare di strumento del mercato monetario, come un certificato di deposito, che viene acquistato da un intermediario con l intento di rivenderlo alla propria clientela …   Glossario di economia e finanza

• Bank — For other uses, see Bank (disambiguation). Banker and Bankers redirect here. For other uses, see Banker (disambiguation). Banking …   Wikipedia

• OneWest Bank — OneWest Bank, FSB Type Private Industry Banking Founded March 19, 2009 Headquarters Pasadena, California, US Key people Joseph Otting, CEO and President …   Wikipedia

• Savings and loan crisis — The savings and loan crisis of the 1980s and 1990s (commonly referred to as the S L crisis) was the failure of 747 savings and loan associations (S Ls) in the United States. The ultimate cost of the crisis is estimated to have totaled around… …   Wikipedia