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 ...

Not to be confused with the metallic music-playing discs of the '80s and '90s, CDs — formally known as certificates of deposit — are a savings option still very much in play. This particular savings ...

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 ...