This Business Is Not BBB Accredited

Amerifirst Direct

Amerifirst Direct

(828) 225-2822

Amerifirst Direct

215 Executive Park
Asheville, NC 28801
BBB File Opened: 06/26/2007
Business Category
  • Investment Advisory Service
Additional Information
  • This Bureau has requested basic background information from this company but has not received it to date.
  • This Bureau has requested basic background information from this company but has not received it to date.
  • General Advice Received from the FDIC Division of Supervision and Consumer Protection on CDs: Ask if the CD being advertised is a brokered certificate of deposit. Brokered CDs that is , Cds placed by an investment advisor for one or more clients at an FDIC-insured institution, generally fall into two different "categories." Accounts placed by a broker directly for a single client, and accounts where the broker places funds in the name of the brokerage firm as agent for one or more clients, which is by far the most common arrangement. The broker can inform you as to the specifics of the contract. If the account is only being held in the name of the client (just as if the client had placed the funds personally), and following the establishment of the account the bank communicates directly with the client, there are no special recordkeeping requirements. In the event of a closing, the FDIC would make payment directly to the "client," since it would be in his or her name of the brokerage firm as agent for one or more clients, and all information on the account passes through the broker, these accounts can be insured as to each client only if the broker meets the recordkeeping requirements of the insurance regulations.


BBB Reason for Ratings

BBB rating is based on 13 factors: Get the details about the factors considered.

Based on BBB files, this business has a BBB Rating of No Rating. The reason is as follows:
This business is not currently rated. BBB does not have sufficient information to issue a rating for this business.

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Amerifirst Direct


Amerifirst Direct

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