Investable funds can be deposited in certificate of deposit instruments of various terms with commercial banks, where they will earn fixed or variable interest that is payable at maturity.

In the world of personal finance, finding the right balance between risk and reward is crucial. For those seeking a secure ...

Kelly is an editor for CNET Money focusing on banking. She has over 10 years of experience in personal finance and previously wrote for CBS MoneyWatch covering banking, investing, insurance and ...

Though not as common as savings accounts, there are many certificate of deposit pros and cons that might help you with your ...

But, a certificate of deposit (CD) can help. That's because today's leading accounts come with higher returns than the current inflation rate. However, strong current returns aren't the only ...

A certificate of deposit (CD) is a type of deposit account ... In exchange for depositing your money for a fixed period of time, banks usually pay a higher annual percentage yield (APY) on CDs ...

If savings certificates are encashed before maturity, investors will continue to receive interest on an annual basis under ...

A jumbo CD is a certificate of deposit that requires a minimum of $100,000 to open the account. Like regular CDs, jumbo CDs come with a fixed interest rate and term. In the past, jumbo CDs offered ...

The Bank of Jamaica says 296 bids valued at $37.64 billion were submitted for the $33 billion it was seeking through its ...