CD rates Blog

Large banks lag behind small banks when it comes to CD rates, according to a new report.

The opposite side of today’s low CD rate coin can be found in the ’80s when interest rates were high — on everything.

Seeking higher CD rates overseas may seem like a good idea, but it will probably be self-defeating.

Picking the best savings vehicle for your situation requires looking at all manner of threats to your money. Some are transparent while others are hidden. For instance, buying a certificate of deposit guarantees that a saver will earn a stated interest rate over a known period of time. On the surface, the trade-off involves locking

Investors who profited from Allen Stanford’s CD Ponzi scheme got some bad news Monday. They’ll have to pay their CD yields back. From David Lee at Courthouse News Service: Hundreds of investors who earned interest on the phony certificates of deposit in R. Allen Stanford’s Ponzi scheme cannot keep those profits, a federal judge ruled.

CD rates fell everywhere last year. Some states saw big declines in rates in 2012, while others experienced only small drops, according to a recent study.

CD and money market account rates are nothing to write home about, but both offer some advantages to savers.

A debt ceiling crisis would likely do serious and lasting damage to the U.S. economy, but it might have a silver lining for savers: higher CD rates.

Credit unions offer savers a few advantages over banks including higher CD rates and lower rates on loans.

CDs aren’t earning much more than savings accounts right now, but they can help you save for future fun.