Since the collapses of Silicon Valley Bank and Signature Bank, coverage from the Federal Deposit Insurance Corporation (FDIC) has been in the spotlight. The FDIC protects up to $250,000 per ...

Learn about certificate of deposit (CD) types, how they work, and how they can fit into your savings goals. Browse Investopedia’s expert-written library for more.

The national average rate for savings accounts is 0.43%, per the Federal Deposit Insurance Corporation (FDIC). The best online banks in Illinois and elsewhere offer rates that are considerably ...

These brick-and-mortar savings accounts are FDIC-insured from large national banks, offering access to at least 700 physical branches and over 4,000 no-fee ATMs in the U.S.

Yes, by the Canada Deposit Insurance Corporation. Best BMO GICs. Starting at $1,000. Yes, by the Canada Deposit Insurance Corporation. Best Scotiabank GICs. Starting at $500.

In 2025, the average U.S. savings rate sits at a meager 0.38% according to the Federal Deposit Insurance Corporation (FDIC), despite the federal funds rate holding steady between 4.25% and 4.50% ...

Certificates of deposit (CDs) can be a great method to save money for the future. Learn about PenFed CD rates, and see if they’re a good fit for your finances.

A Capital One 360 CD is a safe way to grow your savings. Choose from nine different terms with interest rates ranging from 4.00% to 5.00% APY, with no fees or minimum balance requirements.

The Employee Retirement Income Security Act protects 401(k) plans from employer and employee bankruptcies, and the Federal Deposit Insurance Corporation (FDIC) insurance protects up to $250,000 in ...