American First Assurance Q&A CD

Q&A:

How Secure is a Bank CD through American First Assurance? The security of a Bank CD purchased through American First Assurance is the same as a CD purchased directly because your CD is 'directly' with a bank.

Whom do I make the check payable to?Since American First Assurance is not your Bank you never make your check payable to us. Instead you make your check payable to the financial institution you select.

What Bank does American First Assurance use?There are over 8,000 FDIC Insured Banks and we work with any of them willing to accept deposits and pay above average yields.

Is American First Assurance FDIC Insured?No. American First Assurance is not a bank. Since the deposit will be made into a federally insured bank rather than American First Assurance, it is not required for American First Assurance to have FDIC insurance. However all the banks we use are FDIC insured.

Where do I go for service after I purchase the bank CD through American First Assurance? You may contact the financial institution directly for service or contact our office for assistance.