CDs Preferred by Depositors and CFOs Alike
Why Did We Create Redeemable CDs?
CDs Used To Rule Banking Funding
CDs used to be 55% of the industry’s total deposits, according to the FDIC; they now account for only 12%.
CDs Did Not Participate in Rising Tide of Deposits
While total domestic deposits have climbed to $17.3 trillion, time deposits only recently made it past to the $2 trillion mark, a volume level they’ve hugged since 1985.