Because of the way the economy has been going, we can’t expect CD rates to be performing well. Despite the dips and lows that fixed rate certificate of deposits have been facing, it comes as a surprise that their comrade, the jumbo CD, seems to be going up instead. Jumbo CD rates may not be […]
Jumbo CD’s with Jumbo Rates
Jumbo CD rates aren’t called jumbo for nothing. The minimum investment amount for this type of certificate of deposit is usually around $100,000.00. If you’re an individual who prefers to invest large sums of money in certificates of deposit, jumbo CD rates would be a good choice. This is also the type of CD companies […]
What Is The Minimum You Can Invest In A CD?
Certificates of deposit are a safe option for investing your money. A certificate of deposit or CD can range from $100 to $250,000 or more depending on the issuing banking institution. Most banks require a minimum of $1,000 but can go as low as $100. It is not recommended that you invest over the $250,000 […]
Redstone Federal Credit Union Jumbo CD Rate Offer
Redstone Federal Credit Union out of Huntsville, AL has some competitive Jumbo CDs that are worth mentioning. Although they have regular certificate of deposits they also have Jumbo CDs with slightly higher interest rates. For those who have at least $100,000 to lock down on a certificate of deposit, then a Jumbo CD at Redstone […]