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A high-yield Certificate of Deposit at Carter Bank in VA and NC offers rates that help you earn more than most standard savings accounts. Open a CD today. A certificate of deposit (CD) is a type of savings account that pays a fixed interest rate on money held for an agreed-upon period of time. A certificate of deposit, also referred to as a CD, is a type of deposit account offered by various financial institutions, such as banks and credit unions. Most likely cause is that CDs that are allowed to auto renew do so to the lowest possible rate. In my experience, you have to go into the bank. By buying CDs, Stark explains that people are essentially making a promise with a bank. That promise is providing funds to an institution in exchange for.
CDs are the sweet spot of investing: solid rewards, none of the risks. Even sweeter: The more you deposit, the faster and bigger your green grows. Call.