What is a brokered CD?
Yahoo Finance·2024-04-25 05:06

If you're looking for the highest rate on a certificate of deposit (CD), you might have to look beyond your bank. For higher yields and much longer maturity periods — sometimes as long as 30 years or more — consider buying a brokered CD. Just keep in mind that brokered CDs are more complex and risky than traditional CDs. Further, market conditions play a huge role in what's available. Here's what you need to know about brokered CDs and whether they make sense for you. How do brokered CDs work? Like tr ...

What is a brokered CD? - Reportify