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 ...

Investing in a certificate of deposit might be right if you’re not the risky type, as it’s a safe way to grow your money — that is, if you’re willing to leave it in the bank until it matures. Read ...

If you're sitting on extra cash and looking for a low-risk way to grow it, this may be a good time to do so. Interest rates are still elevated right now, after all, and that has led more savers to ...