Product disclosures
Important brokered CD considerations
Read these considerations alongside the disclosures a participating provider gives you before any transaction is completed.
Intended to be held to maturity
Brokered CDs are intended to be held until the stated maturity date. Do not assume the funds are liquid or accessible at any time before maturity.
Non-callable structure
The options in scope for this program are structured so the issuing bank cannot redeem the CD before its stated maturity date. Callable CDs are outside this program.
FDIC insurance
Eligible deposits may qualify for FDIC insurance, subject to applicable limits, ownership-category rules, recordkeeping requirements and any other deposits you hold at the same issuing bank. FDIC insurance covers bank failure; it does not protect against changes in rates or yields.
Interest and taxes
Interest may be paid monthly, periodically or at maturity depending on the CD. Interest is generally taxable. Consult a qualified tax professional about your circumstances.
Account requirements
A brokered CD is purchased and held through a brokerage account that must be opened and approved before an order can be reviewed and completed. CDRateMatch.com does not open accounts or execute transactions.