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When you need liquidity, your credit union can issue federally insured CDs through SimpliCD, making your deposit offerings to a nationwide market of potential investors. You are able to raise funds quickly, all in one simple step. Benefits include:
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A centralized way to raise funds and generate liquidity through federally insured CDs
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Access to a nationwide network of institutional investors
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A competitive alternative to other funding methods such as Home Loan Bank advances, financial institution borrowing and subscription rate services
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Assistance in developing the terms of issuance
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The ability to pool investors into one CD, saving you time and money. You send one signature card and one monthly check and make one phone call to us. We make one transfer to you. It’s that simple.
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The ability to issue certificates in amounts of $20 million or more
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Free market analysis
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No direct expense for issuing
For more information regarding SimpliCD issuing, please contact the Investment Department. |