Certificates of Deposit (CDs)
A certificate of deposit is one of the safest investments you can make. Lock in a higher rate than a regular savings account for a fixed term, and increase your balance. The CD will give you the option to automatically renew once the term is up if you choose not to withdraw funds. It's a great way to make the most out of your time and money!
- Summary
- Earns higher interest than a regular savings account
- Fixed rates and terms
- Terms range from 90 days to 7 years
- Automatically renews at the current rate
- $1,000 deposit to open
