American First Assurance CD Brokers

"Consumers also purchase CD's through brokerage firms. A consumer with significant funds to deposit may use a broker to make deposits to multiple banks, thereby maximizing the consumer's FDIC insurance coverage. In addition, consumer may be attracted to CD's sold by a broker who has made significant deposits in a bank on behalf of multiple depositors and therefore is able to negotiate higher CD rates than the indicidual consumer." -Federal Deposit Insurance Corporation Certificate of Deposits-Tips for Savers, April 23, 2012