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Issuer Bank CDs are issued directly by a bank or credit union while brokered CDs are issued by a brokerage firm or investment

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Brokered CDs are certificates of deposit that are sold by brokers instead of being purchased directly from a bank

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Comparison Brokered CDs vs Bank CDs The Differences That Matter A brokered CD is purchased through a

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Learn the differences between brokered CDs vs bank CDs Find out which option suits your needs

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Many people are familiar with buying CDs directly from a bank but may be less familiar with brokered CDs Brokered

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Key Takeaways Brokered CDs can offer a wider selection and potentially higher yields than CDs purchased directly from a bank

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There are several differences to consider when evaluating brokered CDs vs bank CDs although brokered CDs almost always make

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A traditional or bank issued CD is a time deposit you open directly with a bank or credit union You deposit a fixed

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A bank CD is issued directly by a bank and pays a fixed rate if you hold it to maturity A brokered CD on the other