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

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

    Benefits of a CD. Your money is safe. Your initial deposit and interest earned are insured for up to $250,000 per depositor, per institution, by the FDIC or NCUA, making them a safe investment ...

  3. How do CDs work? - AOL

    www.aol.com/finance/cds-212435091.html

    A CD is a time deposit account, so you’re making a commitment to keep your money in the CD for a set length of time. If you want to take money out of your CD before it matures, you’ll pay an ...

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

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

    The amount of money a CD will make in a year depends on the CD rate. For example, if the $10,000 CD has a one-year term with a rate of 1.00% APY, it would earn $100.

  5. 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 CDs typically differ from savings accounts because the CD has a specific, fixed term before money can be withdrawn without penalty and generally higher interest rates.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 ...

  6. Best CD rates today: Protect your money from falling rates ...

    www.aol.com/finance/best-cd-rates-today-protect...

    How do banks make money with a CD? Banks charge higher interest rates on money they lend out than the interest they pay on customer deposit accounts. The difference is called a spread, and it’s ...

  7. How Much Does a $10,000 CD Make in a Year? - AOL

    www.aol.com/much-10-000-cd-earn-180441540.html

    Also, because you are keeping your money in a CD for a fixed period, known as the term of the CD, you know exactly how much you will earn on your CD when it’s time to cash it out. For instance ...

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