Raising Deposits for Banks across the U.S.
As a self-clearing firm, D.A. Davidson is responsible for all aspects of the underwriting process. This helps to ensure timely settlement through the Depository Trust Company, wires and high-touch operational support for every deal. Our strong capital position also affords us the ability to underwrite on a firm commitment and best efforts basis, providing you the flexibility that best fits your needs. Our team has over 25 years of experience and will help ensure funding options and structures that will optimize your asset-liability management strategy.
Our national model utilizes the D.A. Davidson client network as well as multiple distribution channels to achieve your funding goals. We also offer the ability to restrict the sale of CDs in your state footprint to avoid competition with your local / retail customers.
Brokered CDs are a cost effective source of funding that carry no collateral requirements. Our group focuses on the needs of banks both large and small with deal sizes ranging from $1mm to $250mm per maturity. Flexible options that include Fixed Non-Callable, Fixed Callable and Step-Up Callable structures can be catered to fit your funding needs.
To learn more about D.A. Davidson Brokered CD Underwriting, or to receive our rate indications, please contact our group at: [email protected] or directly;
Dan Fiandaca
Managing Director, Head of Brokered CD Underwriting (212) 882-3907 [email protected]
Nathan Wiley
Vice President, Brokered CD Underwriting (949) 499-8363 [email protected]
Christopher Lenihan
Vice President, Brokered CD Underwriting (949) 499-8366 [email protected]
Michael Chisari
Managing Director, CD Sales and Trading (212) 576-1845 [email protected]
Nicholas Licciardi
Managing Director, Head of Taxable Fixed Income (303) 764-6042 [email protected]