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Choosing a bank? |
I am looking for a bank so I can open a cd account. What are a few basic things I should look into so that I know I am making the good and safe investment. Any help is appreciated. wut a cd account? NO? Interest rate and the bank's financial rating. If you have a checking account and internet access, take a look at Emigrant Direct's saving account. It pays 5% a year. Neither a good or safe or even an investment at all. Will lose purchasing power against taxes and inflation guranteed. Don't fool yourself that it is safe or smart to buy a cd. If you insist then all you need to care is that bank has FDIC insurance which almost all do. |
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