What is a cd or certificate of deposit

If you have some savings lying around in an account, you should ask yourself, “Am I earning as much interest as I could be?” If you’re keeping your money in a savings account, the answer is usually no. Although some banks and credit unions do offer high-yield account options, a certificate of deposit (CD) will […]

What is a cd or certificate of deposit

The 5 Best CD Rates of 2020

If you want to stash your cash somewhere safe but don’t want to deal with an ultra-low annual percentage yield (APY) in your savings account, you can put your money into a certificate of deposit (CD) instead. You’ll not only earn a higher APY, but you’ll also be restricted from taking withdrawals for a period […]

top 50 credit union in the US

Why choose your local credit union? Credit unions usually offer low fees and high-interest rates, making them an attractive alternative to banks. How are they able to afford these competitive rates? Because credit unions are not-for-profit — they’re owned by their own members, not anonymous investors. While banks use profits to pay owners and shareholders, […]