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Convenience Services   Personal Banking   Business Banking Wealth Management Sunday, February 05, 2012
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Certificate of Deposit
 

Commitment Pays

Why Choose a CD? Because once your short-term savings reach a certain amount, it makes sense to commit the bulk of these funds to one or more Certificates of Deposit and leave enough for a short-term emergency fund in the lower interest bearing but more easily accessible savings account.

 

 

 

Many people choose to invest in several CDs of different maturity periods so that they have a CD maturing every 6 or 12 months and never have all of their money tied up in one account.

 

 

Aren’t Convinced?

Check out what our savings calculator has to say about the power of compound interest.

   

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