The promotional 6- month CD delivers a competitive 4.04% APY to new customers at Ocean Bank. That said, customers in Boca ...

IRA certificates of deposit can be tax deductible — but only if you meet specific income requirements and don’t have certain ...

What Is a Certificate of Deposit? A certificate of deposit is a safe, income-generating investment, as the funds are insured by the Federal Deposit Insurance Corp. up to $250,000.

If you have a purchase looming on the horizon, it’s time to take advantage of a hot new offer from Discover. The bank has ...

Whichever direction you take, ensure that the institution you are working with is backed by the Federal Deposit Insurance Corp. (FDIC), which insures deposits up to $250,000 per customer, per bank.

CDs aren't an exciting investment. That's what makes them awesome. We've all had enough economic excitement this year. From ...

Both accounts come with high interest rates right now. But which will earn more interest with a $20,000 deposit?

ICS (Insured Cash Sweep) and CDARS (Certificate of Deposit Account Registry Service) are also available to give you access to multi-million-dollar FDIC insurance coverage through a single bank ...

1. Withdrawing interest Often banks will give you the option of withdrawing interest as it accrues within your CD. You'll more commonly see this on long-term CDs (those with terms longer than 12 ...

Initial deposit The “initial deposit” is the amount you agree to put into your CD at opening. CIT Bank, for instance, has a $1,000 minimum deposit for most of its CDs.

Opening a certificate of deposit (CD) has never been easier. You can do it online, from the comfort of your own home. Here’s what you need to know.

What Is a Certificate of Deposit? originally appeared on usnews.com Update 03/06/25: This story was previously published at an earlier date and has been updated with new information.