Term funding arranged through the issuance of “DTC eligible” CDs for LICU’s. Terms available range from 3-months to 10-years. The issuance of DTC eligible CDs provides credit unions an efficient means to raise large amounts of non-member “term” deposits through the issuance of a single certificate. One master certificate represents each issue. DTC eligible CDs are held by the Depository Trust Company (DTC) and are part of a national book-entry market in which transactions are settled regularly. The Depository Trust Company is a member of the Federal Reserve.