There are real benefits to putting your money in a Certificate of Deposit (CD), specifically with CD Bank.
FDIC is a big deal. CD Bank, a division of TBK Bank, SSB, is FDIC insured. That means your money is guaranteed to $250,000 per depositor, per insured bank on the account, for each ownership category. FDIC insurance is backed by the full faith and credit of the United States government. Since the FDIC was established in 1933, no depositor has lost a penny of FDIC-insured funds. Your money is safe with us.
Interest is interest. It is understood that money designated to a CD cannot be touched for a specified period of time without penalties. So, putting your money somewhere it can generate interest is better than keeping it under your mattress.
Alternative to savings account. Our CD rates are higher than the interest rates of a savings account. If you are nervous about putting a large sum of money away and not having access to it, consider a shorter term, like our 6-month CD. Again, it will earn more money for you than a savings account.
CD Bank is a simple, safe, and secure way to make your money grow. Increase your savings potential with our competitive rates!
