Certificates of Deposit (CDs)

What's a risk-free way to save? Well, you could stuff your savings into a penny jar and hope for the best. But we wouldn't recommend that (we've tried it).

Instead, put your savings into a risk-free CD. It's safer than a penny jar, and you'll earn competitive interest at a guaranteed, fixed rate. Simply choose the term length that suits you best.

Details
  • Guaranteed, fixed-rate earnings
  • Earns competitive interest at higher rates than standard savings
  • Enjoy peace of mind with FDIC insurance up to $250,000
  • Receive higher rates by selecting a longer term
  • A wide range of terms available (from 3 months to 7 years)
  • No setup or monthly fees
  • Early withdrawals subject to penalty*
  • $500 minimum deposit to open

*Early withdrawals may result in these penalties: 3 months of interest on amount withdrawn for terms of 3, 6, and 12 months. 6 months of interest on amount withdrawn for terms of 24 months or longer.