Raising capital for banks across the U.S.
As a self-clearing firm, D.A. Davidson is responsible for all aspects of the clearing and documentation process. This means minimal documentation for you and no collateral requirements. It also means more timely settlements and wires. All trades settle through the Depository Trust Company (DTC). Our strong capital positions affords us the ability to underwrite our CDs on a firm commitment basis as well as a best-efforts basis, providing you the flexibility, structuring and pricing that best fits your needs. We provide extensive analysis helping to ensure that the issuance structure has the features and options that best meet your funding performance and optimize your asset-liability management strategies.
Our professionals can structure your offering using Fixed Non-Callable Bullets, Fixed Coupon Callable and Step-Up Callable funding structures to meet your liability needs. We are committed to providing affordable, flexible funding utilizing our internal distribution to D.A. Davidson clients, as well as other multiple channels.
Our group understands that Brokered CDs are an effective funding mechanism used by banks and thrifts to access a dependable and cost effective source of deposits. We focus on the needs of commercial banks, both large and small and can structure deals ranging in size from $1mm to $250mm or more per maturity. We offer you the ability to restrict the sale of CDs in certain states to avoid competing with your local/retail customers.
To learn more about D.A. Davidson Brokered CD Underwriting, please contact us.
CD Sales and Trading
Head of Taxable Fixed Income