Sentences with phrase «of a certificate of deposit»

There is one type of certificate of deposit, although various term lengths and interest rates are available.

Safety and reliability are some advantages of a certificate of deposit.

We break down the pros and cons of a certificate of deposit so you can make an informed decision.

Typically, the longer the term of the certificate of deposit, the higher the rate.

Following the financial crisis, bankers jumped at the opportunity to provide investments with the combined potential of the stock market with the safety of certificates of deposit.

Banks offer numerous kinds of certificates of deposit to customers, generally ranging in maturity from three months to five years.

One of the ways that many people choose to save money is with the help of certificates of deposit (CDs).

The date when the issuer of a certificate of deposit (CD) or bond agrees to repay the principal, or face value, to the buyer.

Think of certificates of deposit as interest - bearing savings accounts — with a few key differences.

Ask them to waive any penalties on early withdrawal of certificates of deposit.

The advantage of a certificate of deposit is that it provides stability and incentive for long - term saving.

To determine if opening a CD is right for you, keep reading for the pros and cons of a certificate of deposit.

SECU offers a variety of share term certificates, the credit union equivalent of certificates of deposit.

a debt instrument issued by commercial banks or thrifts to raise funds for business activities or to retire other debt; Fidelity offers a type of certificate of deposit called a brokered CD

If you're looking for a more long - term option, CIT Bank also offers a range of certificates of deposits (CDs) that let you make penalty - free early withdrawals or adjust your rate before the end of your CD term.

«People want higher yields from products instead of certificates of deposits or cash to get where they need to go,» said Lance Carlson, head of distribution for Greenwood Village, Colo. - based Great - West Financial.

Some banks and credit unions will pay interest at the maturity of a certificate of deposit, also called a time deposit, typically on maturities under one year.

That property consists of certificates of deposit Robert acquired and funds accumulated in his pension plan.

They also have certificates of deposit — The American Express Bank also offers a variety of certificates of deposit of varying terms.

Citizens Bank features three types of certificates of deposit online: Get a 14 - month CD, 48 - month CD or a «breakable» 12 - month CD.

Grupo Financiero Galicia SA operates as a financial services holding company, which engages in banking, insurance, and the issuance of certificates of deposit through its subsidiaries.

But if you want to be a bit more active, you could establish a ladder of certificates of deposit or Treasury obligations.

A fixed - income ladder is a portfolio of certificates of deposit or Treasury obligations that mature at different times.

Great rates on SECU's share certificates — the credit union equivalent of certificates of deposit — help them get a high NerdWallet rating, 4.5 stars out of a possible 5

The stated annual percentage yields assume no withdrawal of principal or interest during the term of the certificate of deposit.

Safety and reliability are some advantages of a certificate of deposit.

If you're looking for a more long - term option, CIT Bank also offers a range of certificates of deposits (CDs) that let you make penalty - free early withdrawals or adjust your rate before the end of your CD term.

Now that you know the pros and cons of a certificate of deposit, consider opening one at Synchrony Bank.

American Express National Bank offers an online, high - yield savings account and various types of certificates of deposit (CDs) for customers, regardless of whether they have an American Express card or not.

The No Penalty CD is another type of certificate of deposit that some savers may prefer.

In this way the financial institution has the benefit of knowing it will have full access to the funds for the term of the certificate of deposit and the customer knows they will get an above - average rate of return as a result.

SECU offers a variety of share term certificates, the credit union equivalent of certificates of deposit.

Great rates on SECU's share certificates — the credit union equivalent of certificates of deposit — help them get a high NerdWallet rating, 4.5 stars out of a possible 5

What are reasonable advantages of a certificate of deposit compared to a deposit account and in which situations do these advantages outweight the problems of the certificate of deposit?

Keep reading for the pros and cons of a certificate of deposit and see if this account is right for you.