What is a Certificate of Deposit (CD) and How Do They Work?
Ublocal
NOVEMBER 21, 2022
Because these funds aren’t generally available, that frees them up for banks to utilize in their own lending practices, meaning that you will earn a higher interest rate than on other kinds of savings accounts that have greater liquidity, like a statement savings account. Predictability. CDs offer a guaranteed interest rate and return.
52 
Let's personalize your content