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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.
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 CDs typically differ from savings accounts because the CD has a specific, fixed term before money can be withdrawn without penalty and generally higher interest rates.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 ...
Page information; Cite this page; Get shortened URL; Download QR code; Print/export Download as PDF; Printable version; ... Certificate of deposit ...
Stanford International Bank was a bank based in the Caribbean, which operated from 1986 to 2009 when it went into receivership.It was an affiliate of the Stanford Financial Group and failed when its parent was seized by United States authorities in early 2009 as part of the investigation into Allen Stanford.
With so many options, you can find a CD with an opening deposit requirement that suits your budget and goals. In general, expect to have at least $1,000 on hand to open a CD with a competitive ...
Other deposit accounts may pay higher rates: Depending on the rate your CD is earning, you may find your money can earn a better rate when placed in a liquid savings account instead. Another ...
A time deposit or term deposit (also known as a certificate of deposit in the United States, and as a guaranteed investment certificate in Canada) is a deposit in a financial institution with a specific maturity date or a period to maturity, commonly referred to as its "term".
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 ...