Thinking about taking cash out of your CD early? Learn how to calculate if it's worth it, and why a high-yield savings ...

There are CD specials still running for the 4-, 8-, 17- and 25-month terms at Providence Bank. The highest of these offers is ...

The 6-month CD special at Vibrant comes with a highly competitive 4.50% APY and only takes $5 to open. That said, membership ...

CDs can help you lock in today’s generous interest rates ...

Learn how CDs can grow your savings with zero market risk, as well as where and when is the best time to invest.

Put into practice, let’s say you plan to buy a 12-month CD and deposit $5,000. You spot a one-year CD with an interest rate of 2.50%—far above the national average reported by the FDIC.

A certificate of deposit, or CD, is a savings product that offers a fixed interest rate in exchange for keeping your money in the account for a specified period, or term. If you need to access ...

Typically, a certificate of deposit matures between six months and five years, although CDs are available in a variety of term lengths. CD rates change, so be sure to check current rates before ...

What Is a Certificate of Deposit? A certificate of deposit is a safe, income-generating investment, as the funds are insured by the Federal Deposit Insurance Corp. up to $250,000.

As of February 18, 2025, the weighted average interest rate for a 12-month CD was 1.80%, compared with 0.41% for a savings account and 0.64% for a money market account, according to the Federal ...

Initial deposit The “initial deposit” is the amount you agree to put into your CD at opening. CIT Bank, for instance, has a $1,000 minimum deposit for most of its CDs.

A certificate of deposit typically offers a higher rate of return than a traditional savings account. Find out which type of CD might be right for you.