Issuing CDs

Both programs require that issuers be well capitalized institutions under FDIC parameters. A bank shall be deemed to be well capitalized if the bank: (i) Has total risk-based capital ratio of 10.0% or greater; and (ii) Has a Tier 1 risk-based capital ratio of 6.0% or greater; and (iii) Has a leverage ratio of 5.0% or greater; and (iv) Is not subject to any written agreement; order or capital directive, or prompt corrective action directive issued by the OCC pursuant to section 8 of the FDI Act, the International Lending Supervision Act of 1983 {12 U.S.C. 3907}, or section 38 of the FDI Act, or any regulation there under, to meet and maintain a specific level for any capital measure.

We recommend that banks considering brokered deposits as part of their wholesale funding strategy implement a written plan as part of their ALCO policies. In general, banks issuing brokered deposits exceeding 15.0% of their core deposit base may attract close regulatory supervision. ABT's CD funding operation will review potential issuers exceeding the 15.0% threshold and may be unable to complete an issuance for the entity.

Our Top Rates

Rates as high as

3 .500% APY
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About Our Top Rates

The Certificate of Deposit (CD) rate in the caption above represents our best rate and may not be the highest rate in the market place today. This rate may be a callable CD and therefore may be listed separately in our Callable CD inventory. All CDs offered are insured by the FDIC and are subject to applicable FDIC limits. Furthermore, as a condition of issuance, each institution meets FDIC guidelines governing the issuance of brokered deposits. Rates are to be treated as "Subject" offerings due to availability and market conditions. All rates offered are net of any fees.