Dates of Event & Pricing

$295 for Webinar and Playback*

*Playback has no expiration.

  • Wednesday, June 21, 2023

  • 2:00 – 3:00 pm (Eastern Time)

  • 1:00 – 2:00 pm (Central Time)

  • 12:00 – 1:00 pm (Mountain Time)

  • 11:00 – 12:00 pm (Pacific Time)

Curriculum

Join Multi-Bank Securities, Inc. (MBS) for an interactive webinar to learn how your credit union can access the wholesale market to benefit from the use of nonmember shares. Whether your credit union is new to funding with nonmember shares or just needs a refresher after a break from issuing, this informational session will give you the tools to understand when, why and how to use nonmember shares to fund the balance sheet. 

We’ll discuss why “DTC-eligible” CDs are the preferred funding source, the process and procedure of issuing DTC CDs, how pricing works, what resources are available to evaluate the market, eligible liquidity sources, and current market dynamics that are influencing pricing.

Major Topics

  • NCUA guidelines and permissible funding outlets.
  • Established funding products and programs.
  • Market sustainability, terms and structures.
  • Expected due diligence and contingency funding plan (CFP) guidelines.

 

Takeaways

  •  The benefits and process of issuing DTC-eligible CDs.
  •  Offer and pricing strategies based on the current market.
  •  How to acquire optionality by issuing callable CDs.


For institutional investors only, not intended for the investing public. © 2023 Multi-Bank Securities, Inc. All Rights Reserved. Member of FINRA & SIPC; MSRB Registered.

Instructor

SVP - Multi-Bank Securities Tim Peacock

Tim Peacock has been involved in fixed-income trading since 2000. With more than two decades of experience as a trader, broker and lead CD underwriter, Tim offers a diverse understanding of both the asset and liability makeup of the balance sheet and fixed-income marketplace. As a senior vice president of Multi-Bank Securities, Inc., Tim led the core product group to develop eConnectDirect®, an online investment platform of fixed-income securities and CDs for the institutional market, which was released in 2012. Tim is a graduate of Purdue University and has attained several FINRA licenses, including a Series 7, Series 24 and Series 63.

SVP - Multi-Bank Securities Craig McPhee

Craig McPhee joined Multi-Bank Securities, Inc.’s Funding Desk in 2003; he has spent the past 20 years serving helping financial institutions meet their funding and investing needs with a service-based approach. At MBS, Craig assists clients with underwriting and distributing DTC-eligible CDs and provides access to a broad range of fixed-income investment products. Craig is a graduate of the University of Michigan and holds several FINRA licenses, including a Series 7, Series 24 and Series 63.

Credits

1 CPE Credits & 1.2 AAP Credits