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Saving

Know the Difference Between a CD and a Savings Account

Find out what you need to consider about each to help you meet financial goals.
CDs and savings accounts have similarities and differences, and both can be used jointly as part of a larger strategy.
Saving

Are CDs a Good Investment For Retirees?

In today's high-rate environment, are CDs good for retirement income? Explore the benefits and drawbacks.
CDs provide a fixed interest rate over a specified period—one that's often higher than what a traditional savings account may offer.
Saving

Have You Considered CD Laddering as a Savings Strategy?

CD laddering is ideal for those who want FDIC-insured savings, higher interest rates and protection from market risk.
With CD laddering, you invest money in multiple CDs with different maturity levels instead of investing in one CD and waiting for it to mature.

Account openings and credit are subject to bank approval.

APY (annual percentage yield) is accurate as of ${date-today}. Penalty may be imposed for early withdrawal. No brokered CDs accepted. Other restrictions and fees may apply. Fees could reduce the earnings on the account.

A penalty may be imposed for early withdrawal of principal. Any withdrawal of principal or interest prior to maturity will reduce earnings on the account.

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