PowerCD - Issuing Bank Application

The Power CD Program is a complete turn key process delivered from CD Funding Group, allowing institutions to issue Structured CDs (also, known as Equity Linked CDs) from the balance sheet of the bank within 60 days from the initiation of the program.

The Power CD program provides:

• For Banks - Efficient source of new longer term bank deposits at attractive funding costs
• For Clients - Compelling, differentiated, and FDIC insured products for purchasing clients
• For Employees - Cross divisional products enhancing employee referrals for your organization
  

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A PowerCD is an equity linked CD issued by a participating FDIC insured Bank that provides a guaranteed return of principal at maturity with a rate of return linked to a leading stock or other market indices.  CD Funding Group offers the proprietary PowerCD program in a comprehensive turn key package that allows issuing Banks to generate new client deposits at a funding cost below alternative sources of funds like FHLB Advances and Traditional CDs.

Features

The PowerCD can also provide depositors with protection against the prospect of a loss of principal at maturity when the underlying index is down in value, while generating a potentially positive return through a link to an underlying equity index, basket of stocks, commodity index or other market instruments.

Benefits

The PowerCD program is a great tool for bankers seeking to raise low cost deposits and provide value added new bank products.   The industry leading experts of CD Funding Group provide all the requirements to allow a bank to be issuing PowerCDs within 60 days of joining the program.   Your bank benefits from complete accounting, step by step operation processes, disclosure templates, on-site sales training, marketing materials, ongoing relationship management and much more from the PowerCD program.

If you would like to begin raising low cost deposits with differentiated products for clients, please contact CD Funding group today to schedule a complete presentation of our program and capabilities.

Call (513) 271-0759