Certificates of Deposit

Certificates of Deposit

certificate of deposit (CD) is a savings certificate with a fixed maturity date, specified fixed interest rate and can be issued in any denomination aside from minimum investment requirements. … CDs are generally issued by commercial banks and are insured by the FDIC up to $250,000 per individual.

Leave a Reply

Your email address will not be published. Required fields are marked *

Message *
Name*
Email *