Offbeat Offerings: Credit Union CDs

by Cara Scatizzi

Offbeat Offerings: Credit Union CDs Splash image

A certificate of deposit, or CD, is a savings vehicle that entitles the holder to earn a certain interest rate over a specified time period. A CD can be issued in any denomination with varying maturity dates.

CDs issued by credit unions often offer higher rates than other CD issuers.

How CDs Work

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Cara Scatizzi is a former associate financial analyst at AAII.


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