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Understanding Certificates Of Deposit

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Understanding Certificates Of Deposit

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  1. Understanding Certificates Of Deposit CERTIFICATE OF DEPOSIT A certificate of deposit (CD) is a type of savings account offered by credit unions. Features Of CD Fixed interest rate Fixed term length Fixed date of withdrawal known as 'Maturity Date' Benefits Of CD CERTIFICATE OF DEPOSIT Predictable rate of return Federally insured Less susceptible to market dynamics www.gctfcu.net Greater Central Texas Federal Credit Union 3305 E. Elms Rd., Killeen, TX  76542 Phone: (254) 690 - 2274 Image Source: Designed by Freepik

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