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Certificates of Deposit

Certificates of Deposit Education

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
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Tags: CDs, Certificates of Deposit, Financial Education, Financial Wellness

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