The entity that issues a debt security and is obligated to pay interest
and principal. Except with brokered CDs (not recommended), bank CDs are issued only by the issuer,
its parent entity or an entity in the same corporate family. Especially with online banks, you need
to know who the parent company is as that is the issuer of CDs (and bank under whose FDIC certificate
savings accounts are held). It is important to know the issuer in order to avoid exceeding FDIC
(or NCUA) insurance limits. For example, IGoBanking, BankPurely and GiftsforBanking.com are all
trade names for a single issuer (Flushing Bank).