Underwriting and Funding Your Brokered CDs

eConnectDirect® was developed to check all the boxes for issuers and to deliver on our commitment to be your premier brokered CD provider.

Whether you are a seasoned issuer or new to the market, the brokered CD marketplace on eConnectDirect provides a suite of services and pricing tools to help you manage your CDs from the pricing date through the selling cycle, settlement and maturity.

Market Transparency

eConnectDirect provides issuers up-to-date market intelligence to help you make informed pricing decisions.

  • List of all competing CD offers in the DTC marketplace
  • Coupon concentrations and rate tiers
  • Interactive market composite data
  • Rate guidance
  • Published pre-orders, takedowns and guarantees

Technology

Our proprietary platform is designed to save you time by providing efficiencies and accuracy.

  • Interactive offer sheets
  • End-to-end eSignatures
  • Automated notifications
  • Online orders and on-demand access

Experience & Customer Support

When you are looking for more than a rate and term, MBS is here to help. Our experienced funding team is always available to answer questions, collaborate on strategies and offer guidance.

  • Funding financial institutions since 2000
  • Billions of dollars settled with community, regional and national banks nationwide
  • 1,500+ banks have used MBS as their underwriter
  • Dedicated funding team of 12 experienced professionals, whose average tenure with MBS is 16 years
  • Weekly commentary and rate guidance
  • Regular updates on outstanding offers

National Liquidity Network

MBS gives issuers direct access to an established, proven and diversified pool of liquidity funded by:

  • Institutional clients
  • Financial institutions, wealth management firms and trust departments
  • Municipalities, counties, school districts and other public funds
  • Retail
  • Corporate
  • Dealer-to-dealer ECNs and other online trade platforms
  • Established syndicate desk for street distribution

CD Terms & Structure

We can help provide you with the most flexibility and opportunity to fund your deposit needs.

  • Terms from 1-120+ months (including odd terms)
  • Callable and noncallable CDs
  • Best efforts and guaranteed settlements
  • Fixed, step, and floating coupons
  • Orders from $1MM – $100MM+
  • Settlements as short as T+2
  • Interest payments: monthly, semi-annual, quarterly or IAM

Do we check all the boxes for your institution? Click here to request a demo!