Savings Accounts
Guaranteed returns with no unnecessary risks. Certificates of Deposit (CDs) deliver fixed-rate earnings with a maturity date of your choosing (3 months to 5 years.)
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A Certificate of Deposit (CD) is a type of savings account that pays a fixed interest rate in exchange for a deposit that is held for a specific period of time. CDs are a good fit for individuals who have extra cash and want to earn a guaranteed, fixed interest rate on their savings without taking on any risk.
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If you’re wanting to elevate your savings strategy, you may be asking the question: Are CDs still worth opening? The answer to that is, generally, yes. But the better questions is, “Are CDs still worth opening for me?” Let’s explore the benefits of CDs and who they are right for.
Business Savings Accounts, Business Money Markets, and Business CDs are all financial products that can help businesses store and grow their funds.
Though there are several types of savings accounts, and each person contributes to theirs a little differently, opening and maintaining a savings account is easier than you might think. In this article, we outline how to open a savings account, the different types of accounts, and what effect, if any, it could have on your credit score.
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