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A variable-rate CD — also called a flex CD — is a type of certificate of deposit with an interest rate that can fluctuate periodically over the term of the CD based on market conditions.
The service can place multiple millions in deposits per customer and make all of it qualify for FDIC insurance coverage. [3] [4] A customer can achieve a similar result, as far as FDIC insurance is concerned, by going to a traditional deposit broker or opening accounts directly at multiple banks (although depending on the amount this could require a lot more paperwork).
Bank of America (BOA) currently employs more than 280,000 worldwide. According to Fortune, BOA has openings for an additional 3,400 employees, here in the U.S. The company's manpower needs are ...
When institutions are covered by this federal insurance, CDs and share certificates are each insured for up to $250,000 per depositor, per insured bank or credit union, for each account ownership ...
Learn how to download and install or uninstall the Desktop Gold software and if your computer meets the system requirements.
First Internet Bank. Why it stands out: The First Internet Bank CD Account offers annual percentage yields of 0.95% for a 60-month CD and 0.60% for a 12-month CD, both of which are among the best ...
The CD takes up to 15 business days (Monday through Friday, excluding weekends) to arrive. If the CD does not arrive after 15 business days, please call 866-541-8233 to reorder the software. Note: All customers (free and paid, AOL and Netscape) are eligible to order an AOL CD.
Rates for six-month CDs can outpace the average bank account, and longer terms offer rates comparable to the best high-yield savings accounts. Drawbacks of a certificate of a deposit Penalty for ...