Certificates of Deposit (CDs)
If CDs were a food item, we're pretty sure they'd be honey (sweet and all natural.) There are no stocks to track or markets to watch, just a high fixed rate guaranteed to keep rolling in.
It's a perfect way to take your savings to the next level without exposing yourself to market risk.
- Summary
- Higher interest than savings accounts
- Competitive fixed rate
- Rate guaranteed for length of term
- Choose a term from 1 week to 5 years
- Penalty applies for early withdrawals
- FDIC insured
