on First Bankers' Banc Securities, Inc.
FBBS and CleverAlpha launch CDexplorer platform to revolutionize CD investments
On February 21, 2024, First Bankers' Banc Securities, Inc. (FBBS) and CleverAlpha Asset Management, LLC (CleverAlpha) announced the launch of CDexplorer.com, an innovative platform aiming to transform investors' access to FDIC-insured certificates of deposit (CDs). This initiative combines CleverAlpha's cutting-edge technology with FBBS's financial expertise accumulated over more than 35 years.
CDexplorer.com makes it easy for investors to search for CDs issued by banks, Wall Street syndicates, and credit unions, providing them with a wide range of investment opportunities. Rick Cabanes, CEO of CleverAlpha, states that the platform aims to simplify CD research, without disruptive advertisements, allowing investors to effectively choose based on their banking preferences.
AW Spellmeyer, CEO of FBBS, emphasizes that this partnership with CleverAlpha aligns with FBBS's goal of offering quality financial products and strengthens its position in terms of bank liquidity. The collaboration between CleverAlpha and FBBS promises to redefine the CD investment sector, through a secure, efficient platform that respects the needs of investors.
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