When it comes to opening a certificate of deposit (CD), consumers today have more choices than ever. From big brand banks and neighborhood credit unions to online-only institutions, each option offers unique advantages and a few trade-offs. If you’re hesitant about opening an account online, rest assured, as there are ways to safeguard your transaction. […]

Graduation season is a time to celebrate achievement, independence, and the exciting road ahead. While cash and gift cards are common go-tos, there’s a smarter way to give a gift that stands the test of time—literally. A certificate of deposit (CD) offers a meaningful, practical, and potentially more rewarding option for graduates as they enter

As if uncertainty about the economy wasn’t enough, now retirees and near-retirees need to worry about the timeliness of their Social Security benefits.  As the media has extensively reported, people facing retirement will likely experience delays in receiving Social Security benefits due to the government downsizing underway. For example, Gloria is retiring in September 2025

Depositors are usually the people who decide when to withdraw their funds from their bank or credit union.  But with a Callable (CD), it’s the financial institution that tells you when it is time to take your money and go home. What Is a Callable CD? A Callable CD is a type of certificate of

Opening an Individual Retirement Account (IRA) CD is a significant step toward securing your financial future. Whether you’re planning for retirement or simply looking to diversify your savings, understanding the essentials of opening an IRA CD is crucial. What is an IRA CD? An IRA CD is a tax-advantaged account designed to help you save

Savers are no strangers to the growing number of fake high-yield CDs offered by scammers. The criminals are getting more savvy at making fake CDs seem legitimate and using them to steal personal and financial information. This makes it more difficult for consumers to decipher whether they’re being tricked or if they’ve found a legitimate

You’re ready to open a certificate of deposit (CD) now that you’ve found the rate and term that align with your savings goals. But there’s one more thing to consider, ownership.   Most banks and credit unions offer FDIC and NCUA insurance on deposit accounts up to $250,000 per depositor based on the ownership of