Certificates of deposit are considered to be a low-risk investment insured by the FDIC. With a yield higher than money market accounts, CDs are a wise choice for the safe investor. CD rates in Buffalo, NY, can occasionally be difficult to find. To locate CD rates in your area of New York, use our research.
CDs can offer a better return than many other interest-bearing savings accounts, but make sure you can afford to park your money for a specific period of time. Banks usually have stiff penalties for early withdrawal. Look for CD rates in Buffalo, NY, and in cities across the nation.
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