Promotional specials on CDs often don’t appear to be enough to draw consumers to deposit money into CDs.
What happens when you have to take your required minimum distribution?
Banks will keep an eye on their CDs and monitor changes in deposit bases as interest rates rise.
Don’t just walk into your local bank branch expecting to find competitive CD rates.
Forgetting about that CD can mean lost interest income on your money.
FINRA last week issued a warning to investors being contacted about high-yield CDs.
These charts help to understand how yields and consumer attitudes have affected CD rates.
Making savings decisions based on gut instinct can sometimes lead to poor choices.
CD rates are stuck in a rut, but some cities have much higher rates than others.
CD rates are still at historical lows all over the country, but some cities enjoy higher rates than others.