Schwab CD OneSource® offers you the ability to purchase CDs from banks across the country. Extend your FDIC coverage and receive great CD rates—all within the convenience of one brokerage account.

What are the benefits of buying CDs at Schwab?

• More choices of CDs. You’ll find a great selection of competitive CD rates and maturities from a wide range of banks across the country.
• Expanded FDIC insurance coverage. All CDs in CD OneSource are offered by FDIC-insured banks. Bank CDs are insured up to $250,000 1 for an individual account and $500,000 for a joint account (up to $250,000 for each of the two joint account holders). At Schwab, each CD you purchase from a different institution is FDIC-insured at this level, so if you own two $250,000 1 CDs from two different banks in an individual account, you’re covered for $500,000.
• More convenience. CDs can be purchased 22 hours a day, 7 days a week.
• Greater simplicity. You can purchase CDs online in your Schwab account as you would a stock or mutual fund.
• More liquidity. Schwab offers access to a secondary marketplace for CDs. If you want to sell a CD prior to maturity, we’ll request bids on your CD and contact you with the highest one. If you decide to sell, you’ll receive the bid price plus any accrued interest. There are no guarantees that you’ll get what you originally paid for the CD. 2

Why CDs?

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1. Funds deposited at an FDIC-insured institution are insured, in aggregate, up to $250,000 per depositor, per insured institution, based upon account type by the Federal Deposit Insurance Corporation (FDIC). The FDIC considers any other deposits you may have with an issuing bank. CDs you purchase from a particular bank are aggregated with any other deposits you may have with the issuing bank for purposes of determining FDIC insurance coverage (e.g. if you already have deposits of $250,000 with a bank, CDs you purchase from the same bank in the same ownership category may not be covered). Because the deposit insurance rules are complex, you may want to use the FDIC’s Electronic Deposit Insurance Estimator (EDIE) to estimate your total coverage at any particular bank.

2. Certificates of deposit (CDs) are offered through Charles Schwab & Co. Inc. CDs from Schwab CD OneSource are issued by FDIC-insured institutions, and are subject to change and system access. Unlike mutual funds, certificates of deposit offer a fixed rate of return and are FDIC-insured up to $250,000, per depositor per institution, based on account ownership type. Visit www.fdic.gov for details. There may be costs associated with early redemption and possible market value adjustment.

Charles Schwab Bank and Charles Schwab & Co. Inc. are separate but affiliated companies and subsidiaries of The Charles Schwab Corporation.