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#681754 - 02/07/07 03:56 PM CD Interest Rate
KATL Offline
Member
KATL
Joined: Aug 2002
Posts: 99
QUEENS, NY
If we have a posted rate for our customers of 5.25% but are working with a broker who wants to pay their customer 5.15% to keep the spread is this ok? The final customer works out their rate with the broker.
I just wanted to make sure that this was ok to do.
Thanks

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Operations Compliance
#682479 - 02/08/07 01:38 AM Re: CD Interest Rate KATL
rlcarey Offline
10K Club
rlcarey
Joined: Jul 2001
Posts: 84,659
Galveston, TX
Who is your customer - the broker or the customer?
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The opinions expressed here should not be construed to be those of my employer: PPDocs.com

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