CD rates are low throughout the country. Currently, the average national 6-month CD rate is at 0.14 percent. That makes it important to shop thoroughly for the best CD rates in Bridgeport, CT.
CDs are insured up to $250,000 per depositor, per bank by the Federal Deposit Insurance Corp. (FDIC), making them a safe place to stash your cash in Connecticut. Yet, they aren't very liquid. In fact, most institutions have stiff penalties for withdrawing money before the product's maturity date.
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