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  2. Certificate of deposit - Wikipedia

    en.wikipedia.org/wiki/Certificate_of_deposit

    A certificate of deposit (CD) is a time deposit sold by banks, thrift institutions, and credit unions in the United States. CDs typically differ from savings accounts because the CD has a specific, fixed term before money can be withdrawn without penalty and generally higher interest rates. CDs typically require a minimum deposit, and may offer ...

  3. What Is a CD (Certificate of Deposit)? - AOL

    www.aol.com/cd-certificate-deposit-020004620.html

    A certificate of deposit is a safe, income-generating investment that earns interest for a set period of time, also known as a term. The term is the length of time you agree to leave your money ...

  4. How do certificates of deposit work? Understanding CDs ... - AOL

    www.aol.com/finance/how-do-cds-work-220139365.html

    A variable-rate CD — also called a flex CD — is a type of certificate of deposit with an interest rate that can fluctuate periodically over the term of the CD based on market conditions.

  5. What is a CD (certificate of deposit)? - AOL

    www.aol.com/finance/cd-certificate-deposit...

    A certificate of deposit (CD) is a low-risk deposit account that earns a fixed rate of return. In exchange for this guaranteed yield, you agree to lock up your money until the CD’s term expires ...

  6. Certificate of Deposit Account Registry Service - Wikipedia

    en.wikipedia.org/wiki/Certificate_of_Deposit...

    The service can place multiple millions in deposits per customer and make all of it qualify for FDIC insurance coverage. [3] [4] A customer can achieve a similar result, as far as FDIC insurance is concerned, by going to a traditional deposit broker or opening accounts directly at multiple banks (although depending on the amount this could require a lot more paperwork).

  7. Investment certificate - Wikipedia

    en.wikipedia.org/wiki/Investment_certificate

    Some certificates can be very liquid allowing for frequent deposits and/or withdrawals without penalty. Other certificates may more closely match the typical rules of a certificate of deposit, allowing the investor to select a term length (typically between 3 months to 3 years) and earn a guaranteed interest rate. These certificates are ...

  8. Best CD rates today: Lock in yields of 4.5% and higher ahead ...

    www.aol.com/finance/best-cd-rates-today-lock-in...

    A brokered CD is a certificate of deposit you buy through a brokerage firm, instead of from a bank or credit union. Like traditional CDs, you choose a term length that comes with a set interest rate.

  9. What is a no-penalty CD? How to enjoy high yields and ... - AOL

    www.aol.com/finance/what-is-a-no-penalty-cd...

    You have deposit insurance. Like other savings products, no-penalty CDs are typically FDIC insured up to $250,000 per depositor, per bank. There’s an opportunity to switch to better rates.

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