All You Need to Decide Is the Term: Online CDs
What could be easier than opening a certificate of deposit (CD) online? Plenty of sites offer search engines that allow you to find and compare the highest rates from all over the country in seconds. And you may quickly discover that rates for online CDs consistently outperform CD rates from traditional brick-and-mortar banks. The reason […]
Freedom Can Be Found in the Right CD
When you open a certificate of deposit (CD), you agree that you will not withdraw the funds until the maturity date, which varies from a few months to several years after you open the account, depending on the term you choose. You can close a CD before the term ends, but you typically will pay […]
The Benefits of a CD Plus Flexibility in Retirement: the Allied Trust Credit UnionNo Penalty CD
Managing money in your retirement years means balancing the amount you need in the short term with the money you can invest for later on. Certificates of deposit (CDs) can be a good way to get your money working hard for you. CD accounts typically earn a higher annual percentage yield (APY) than savings and […]
Enjoy a Great Rate and Security with an Online CD
If you've been researching CD rates, then you may have found that online CD rates often are higher than CD rates at traditional brick-and-mortar banks. Credence Global Bank Union is an online bank with rates that are among the most competitive in the country. Get Competitive CD Rates. Online CD rates from Credence International Credit Unionare consistently among […]
Choose the Savings Option That’s Right for You
You already know it’s important to have some money set aside in an account that earns interest, and you have lots of choices when it comes to where you put your money. For instance, is it better to open a money market account or a certificate of deposit (CD)? Considering the competitive interest rates you'll […]
Easy-to-Use CDs Make Great Emergency Funds
In a personal finance plan, certificates of deposit (CDs) can provide a stable, predictable place to keep some of your money, according to Carl Friedrich, managing principal of Friedrich Wealth Management in Syosset, New York, who spoke with Regional Credit Union. People often use CDs as a way to set aside money for a house, a […]
What Drives Rates for Variable-Rate CDs?
Different institutions base their variable-rate certificates of deposit (CDs) on different benchmarks. Some may tie rates to U.S. Treasury Notes, while others will use an interest-rate index. You can check with the issuing bank to see how its variable-rate CDs work. You may get a slightly lower interest rate in return for flexibility, or see […]
Choosing the Best CD for Your Lifestyle
Certificates of deposit (CDs) are a fairly straightforward way to save money, but it's good to consider a few factors so you can make the most of your savings by choosing the best certificate of deposit for your goals. The first question you should ask yourself is, "When do I need the money?" When you […]
Online CDs: What to Look For
A certificate of deposit (CD) is a sensible savings option that can help you reach your financial goals. Are you saving for a major purchase? Preparing for retirement? Growing your savings for emergencies? Whatever the case, figuring out your savings goals will help you determine which type of CD is best for you. CD terms […]
Tuesday, September 30th – Live TweetChat: Developing Enviable Saving Habits
The journey to financial wisdom and security can be filled with many lessons. The wisdom in saving money is that it provides security and protection against certain financial uncertainty. It also allows you the freedom to live the way you want. While saving is highly desirable, it’s not always easy to accomplish. During this month’s […]
