| Wednesday, January 29, 2025 |
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MANAGING DIRECTOR: |
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US Treasury Market |
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| Date | 1 mo | 3 mo | 6 mo | 1 yr | 2 yr | 3 yr | 5 yr | 7 yr | 10 yr | 20 yr | 30 yr |
| 01/22/25 | 4.31 | 4.32 | 4.32 | 4.20 | 4.29 | 4.35 | 4.45 | 4.53 | 4.65 | 4.94 | 4.87 |
| 01/23/25 | 4.31 | 4.32 | 4.30 | 4.18 | 4.30 | 4.35 | 4.44 | 4.55 | 4.61 | 4.90 | 4.83 |
| 01/24/25 | 4.33 | 4.30 | 4.28 | 4.16 | 4.27 | 4.33 | 4.43 | 4.53 | 4.62 | 4.92 | 4.85 |
| 01/27/25 | 4.33 | 4.30 | 4.27 | 4.13 | 4.20 | 4.25 | 4.34 | 4.44 | 4.54 | 4.83 | 4.77 |
| 01/28/25 | 4.33 | 4.29 | 4.28 | 4.13 | 4.20 | 4.24 | 4.33 | 4.43 | 4.53 | 4.84 | 4.78 |
The data in the table above is static as of the time it was pulled, so rates may have changed. Treat all data in this table and PMR as indications only and availability is always subject to change. This information was pulled manually from sources we believe to be reliable. New source, as of 12/12/2022, Bloomberg, L.L.P. As of: close of business 1/28/2025.
Brokered CD Deposit Funding Strategies
Community banks continue to face both regulatory and competitive market pressures with regards to their core deposit base. We have witnessed a strong growth in brokered CD issuance the last 4 years as banks have looked to diversify funding and stabilize some deposit runoff. Brokered CDs can be a valuable tool any bank can utilize to maintain different funding sources. Country Club Bank has also benefitted from using this source of funding.
Here are a few key benefits to Brokered CDs:
Issuing brokered CDs can provide a more diversified and stable funding profile. For community banks, the brokered CD market allows for the issuance of term funding and can lengthen overall funding profile, while allowing the issuer to control a call option (callable structure).
The Process
Raising cash by way of brokered CD's can be a very quick process. Two initial documents are required to setup a funding relationship (but this does not require you to issue). The DTCC Letter of Representation and a Tri-Party Brokerage Agreement. These establish the ability to issue brokered CDs.
Country Club Bank works with our underwriters to keep pricing competitive for our customers.
A brief outline of the funding process:
1. Price discussion and terms agreement
2. CD is sold in the marketplace
3. Closing documents sent to Issuer
4. Issuer sends master certificate to DTCC
5. Wire sent to Issuer
After CD's have been placed and funds transferred, the Issuer is repsonsible for wiring all interest payments and final principal payment to DTCC.
Please call your Country Club Bank Capital Markets representative for further discussion on how we can help with your funding needs.
This information is intended for institutional investors only. The material provided in this document/presentation is for informational purposes only and is intended solely for private use. Past performance is not indicative of future results. This material is not intended as an offer or solicitation for the purchase or sale of any financial instruments.
•Not FDIC Insured •No Bank Guarantee •May Lose Value