What is a CD | First Financial Bank
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What Types of CDs Are there?What Happens at Maturity? There are a variety of ways to invest in CDs. 1. A traditional CD: deposit a fixed amount for a specific term and receive a predetermined interest rate. 2. A bump-up CD: achieve a higher interest rate midway through your CD term, which usually opens with a lower starting rate. 3. A liquid CD: also known as no-penalty CD, allows customers to withdra...
There are a variety of ways to invest in CDs. 1. A traditional CD: deposit a fixed amount for a specific term and receive a predetermined interest rate. 2. A bump-up CD: achieve a higher interest rate midway through your CD term, which usually opens with a lower starting rate. 3. A liquid CD: also known as no-penalty CD, allows customers to withdra...
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