As the CD underwriter, SSC will actively solicit deposits for your financial institution in the national market, and handle all aspects of marketing this product on your institution's behalf.

Advantages

• Reach customers outside of your coverage area in a cost-efficient manner.
• Quickly capture deposits and reduce erosion of your deposit base during the life of the issue, since a brokered deposit remains outstanding until the maturity date of the issue or until the issue is called.
• Increase your return potential because the CD is linked to the S&P 500^®, the NASDAQ 100, or other published and well-accepted equity market index.^*

Brokered CD Options

• Non-callable or bullet—nearly identical to the direct deposits customers make at their local banks. Maturity can range from three months to 10 years. Coupon payments are fixed throughout the life of the issue, and may be paid semi-annually, monthly, quarterly or at maturity.
• Callable—allows an institution to pay a floating rate on their debt, while achieving an even lower cost of funding. Maturities range from 2 to 20 years, and have non-call periods ranging from 3 months to 5 years.

Payment Structures

• Fixed-Rate—a constant rate over the life of the issue.
• Step-Rate—increases based on a rate schedule determined at the time of issuance, which is especially appealing in a low rate environment.

Coupon payments can be monthly or semi-annual. Brokered CDs can also be structured as a zero coupon issue, with either a callable or non-callable structure. There are no coupon payments, and upon maturity the purchaser receives par value of the instrument—the value to which the CD has accreted over the life of the instrument.

Pricing
Pricing for standard maturity non-callable issues is sent to financial institutions considering this form of funding every Monday, with updated pricing available throughout the week. Quotes are made on a best-effort basis, with takedown pricing available on a per issue basis.

As part of its role in managing the underwriting process, SSC will make every effort to maintain a secondary market for your financial institution's CDs, although we are not obligated to do so. There are several other firms throughout the United States that also maintain a secondary market in this product. SSC will provide sales and marketing materials to help brokers and investment advisors successfully sell your institutional debt.

CDs may be subject to penalties for early withdrawals prior to maturity, and may expose the purchaser to reinvestment risk if the CD is called in a low interest rate environment and the purchaser is unable to find a security with an equivalent or higher interest rate.

Non-Deposit investment products are NOT FDIC INSURED MAY LOSE VALUE NO BANK GUARANTEE