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About Us

     

 

The FISN Division of Landolt Securities, Inc. specializes in FDIC insured certificates of deposit. The FISN Division searches across the nation for Certificates of Deposit (CD’s) from across the nation from FDIC insured institutions. We have been providing investors with fixed income investments since 1991. The FISN Division offers CDs available to nationwide investors and recommends only those CD’s considered suitable to each investor’s needs.

The FISN Division has made managing cash and Certificate of Deposit portfolios its profession. We have specialized in the CD business and will put our expertise to work for you, by focusing all our efforts on achieving the most for your funds. FISN, the FISN division of Landolt or Landolt Securities, Inc. is not a bank and does not issue CDs itself. CD principal and interest are protected by FDIC insurance when held and registered according to FDIC rules. In the case of a bank insolvency, although the return of principal by the FDIC is quite prompt, in some cases it can be a lengthy process.

Individual Retirement Accounts (IRAs) can be opened to hold any type of CD. IRAs are eligible to hold Market Linked CDs as well as conventional fixed rate CDs. See the IRA offerings on the Rates page.

The FISN Division purchases certificates of deposit from current holders in addition to selling them. If you hold eligible CDs in a brokerage account we will endeavor to sell them for you at current market prices. Initially, you must open a FISN Division account at Londolt Securities and transfer in the CDs. We will then offer you bids for your CDs and pay the proceeds into the account within three business days. All types of CDs eligible to be held in a brokerage account can be liquidated in this manner.

CDs are held in a FISN Division brokerage account with Landolt Securities, Inc., a member of Securities Investor Protection Corporation or SIPC. FISN, the FISN division of Landolt or Landolt Securities, Inc. is not a bank and does not issue CDs itself. CD principal and interest are protected by FDIC insurance when held and registered according to FDIC rules Cash and Securities in your brokerage account are protected up to $500,000 per customer including a maximum of $ 250,000 in cash claims. FDIC insurance coverage applies only to CDs held in a brokerage account in cases of bank insolvency. For further details please visit the SIPC and FDIC websites.

NEITHER SIPC NOR FDIC COVERAGE PROTECTS AN INVESTOR FROM FLUCTUATIONS IN AN INVESTMENT OR MARKET LOSSES .