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The FNC Advantage › DTC Eligible CDs › Direct Deposit Jumbo CDs

Combining Funding Expertise and
Distribution Capabilities

Financial Northeastern’s Bank Funding Division employs a combination of customer centric service, entrepreneurial spirit, professionalism and teamwork to help federally insured banking institutions attract deposits easily and inexpensively through the issuance of brokered Certificates of Deposit. Bank Funding Specialists not only provide banking institutions with customized funding solutions, but also provide an enhanced level of service throughout the issuance process. The FNC process stresses operational efficiencies that save time and money, creating a win-win situation for issuers and investors alike.

Financial Northeastern offers a multi-faceted distribution network for its brokered CD inventory. FNC’s dedicated sales team distributes its CD inventory to institutional investors nationwide. FNC also distributes its CD inventory on a wholesale basis through over 400 registered broker/dealers nationwide and participates selectively in online sales platforms. This nationwide distribution can help institutions surmount the challenges of local competition and high borrowing costs. In addition, banks can raise deposits without increasing marketing expenses, creating a local rate war or compromising local customers’ deposit structures.

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