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Savings

An egg hatches, revealing a dollar sign of cash inside signifying the maturity date of a certificate of deposit.

What Happens When a CD Matures?

A certificate of deposit (CD) is a great way to make your money work for you. But if you want to get full value out of your CD, it’s important to know when it matures, what happens after

A gavel hitting the word “penalty” to show what happens when you withdraw your CD early

CD Early Withdrawal Penalty: What To Know

When you’re talking about your own money, you might think you should be able to do what you want with it. And while that seems logical on the surface, it actually depends on what

What’s the Difference Between a Checking Account and Savings Account?

Checking vs Savings Accounts

If you’re new to banking, you may be wondering whether to open a checking account, a savings account, or both. But what exactly is the difference between the two, and why might you

Certificates of Deposit Explained

What Is a Certificate of Deposit?

A certificate of deposit, more commonly referred to as a CD, is an investment product offered by banks and credit unions that typically offers a higher rate of return than a

Savings Accounts Explained

What is a Savings Account?

A savings account is an account offered by a bank or credit union that allows you to keep your money in a safe place while also earning interest. Savings accounts are considered

Are CDs Insured by the Federal Government?

Is a Certificate of Deposit FDIC Insured?

If you’re considering purchasing a certificate of deposit—whether it’s a regular or high-yield jumbo CD—you’re probably interested in the level of risk you may be taking on.

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This material is for informational purposes only and is not intended to replace the advice of a qualified tax advisor, attorney or financial advisor. Readers should consult with their own tax advisor, attorney or financial advisor with regard to their personal situations.

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