Certificates of deposit, or CDs, are a great way to build your savings and achieve your business' longer-term goals. If you don't need immediate access to the funds, investing in a CD is a low-risk way to get competitive returns higher than most saving accounts. After the term of your CD is over, you can choose to keep growing your funds with a rollover or distribute them to another account.
*APY = Annual Percentage Yield. Rates as of 10/06/24 and subject to change after account opening. CD rates include .25% MORE VIP Relationship Reward Bonus. $5 membership required. Minimum balance to open a CD is $500. A penalty may be charged for earlier withdrawal of a fixed term certificate or IRA. Fees may reduce earnings.
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