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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.
That’s because CD rates closely follow the federal funds rate, which is currently elevated due to the Federal Reserve's aggressive interest rate hikes and holds over the past year The Fed raised ...
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.
Today's best rates of returns are found at FDIC-insured digital banks and online accounts paying out a limited promotion of up to 5.25% APY on a 10-month CD at Langley Federal Credit Union and up ...
Today’s featured pick is the 18-month CD account offered by All In Credit Union. This account has an APY of 4.44%. ... Fixed-rate CD: This type of CD account offers a set interest rate for the ...
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