A Certificate of Deposit (CD) is a type of time deposit offered by banks and credit unions. This type of financial product is a safe, low-risk investment that allows you to deposit a fixed sum of ...

A certificate of deposit is a type of savings account that earns interest for a set time frame, known as a term. The term is the length of time you agree to leave your money deposited in the CD. Read ...

Unlike a traditional savings account that lets you access funds at any time, certificates of deposit (CDs) require you to lock in your money for a predetermined period from a few months to several ...