Certificates of Deposit Education
Posted On: December 15, 2020 by First Option Bank in: Banking, Financial Wellness, Tips & Tricks
Certificates of Deposit, or CDs, are a type of financial account designed to hold your money for a fixed amount of time with low associated risk – and you earn guaranteed interest in return! Learn more about what is involved in opening a CD to decide if this saving tool is right for you.
This lesson will cover:
CD options offered by financial institutions
How to calculate your interest earnings
The pros and cons of CDs, compared to other accounts
CLICK HERE...
Read More
CLICK HERE...