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What is a Certificate of Deposit (CD) and How Do They Work?

Ublocal

Advantages of CDs CDs are a niche savings product with a lot of benefits, especially for certain uses. Traditional CDs are insured by the FDIC for up to $250,000 per account, making CDs a very low-risk investment. And we have some of the best CD rates in New Hampshire and Vermont, too! Predictability. Still have questions?