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form_title=Certificate of Deposit form_header=You can safely make money on your investment by opening certificate of deposit account. What maturities of Certificates of Deposit (CDs) are you currently looking for?*= _[50] What investment amounts are you considering for your CD?*= _[50] Are you aware that there is a penalty for early withdrawal from a CD?*= () Yes () No

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Tiffany Schmitt

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Q: Certificates of deposits
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Why are certificates of deposits?

Certificates of deposits are important because they are time deposits, which are similar to savings accounts. They are virtually riskfree because they are insured.


Why are certificates of deposits important?

Certificates of deposits are important because they are time deposits, which are similar to savings accounts. They are virtually riskfree because they are insured.


When comparing certificates of deposits to saving accounts one would say certificates of deposits are less liquid?

True


Do credit unions accept certificates of deposits?

Credit unions offer different types of certificates of deposits. Some credit unions have certificate of deposits as rewards or promotions for customers or as an add on product.


Where can you find current certificates of deposits rates?

If you are looking for current and the highest certificates of deposits rates is on the "Bank Rate" website, which provides information on each bank and their CD Rates.


When comparing certificates of deposits to savings accounts one would say certificates of deposit are less liquid?

True


How much is Wells Fargo offering on their most recent CD?

Many banks offer certificates of deposits. Wells Fargo offer certificates of deposits up to 250,000 dollars, with a six month interest rate of 0.05 percent.


Do banks uaually offer bank cds?

Yes, most banks do offer CD's or, Certificates of Deposits. Generally Certificates of Deposits are time deposits, a certain denomination of money that you take a deposit on and that accrues interest until it is 'mature' at which time you can usually extend it, or withdraw it with the interest added. You can usually withdraw your money early but if you do, you will forfeit all or much of your interest.


What is demand and time Liability?

'Demand Liabilities' include all liabilities which are payable on demand and they include current deposits, demand liabilities portion of savings bank deposits, margins held against letters of credit/guarantees, balances in overdue fixed deposits, cash certificates and cumulative/recurring deposits, outstanding Telegraphic Transfers (TTs), Mail Transfer (MTs), Demand Drafts (DDs), unclaimed deposits, credit balances in the Cash Credit account and deposits held as security for advances which are payable on demand. Money at Call and Short Notice from outside the Banking System should be shown against liability to others.Time Liabilities are those which are payable otherwise than on demand and they include fixed deposits, cash certificates, cumulative and recurring deposits, time liabilities portion of savings bank deposits, staff security deposits, margin held against letters of credit if not payable on demand, deposits held as securities for advances which are not payable on demand and Gold Deposits.


What instruments are available in the money market?

Treasury bills and bonds, federal agency securities, federal funds, negotiable certificates of deposits, commercial paper, bankers' acceptances, repurchase agreements, eurocurrency deposits, eurocurrency loans, futures instruments, and options


What are the types of deposits available in Dubai?

Deposits in Dubai are almost similar to what you can avail in countries across Asia. Fixed deposits, call deposits, recurring deposits and flexible deposits are some of the common types of deposits available in Dubai.


Does Capitol one provide high interests savings on certificates of deposits?

Yes, Capitol One offers some of the best rates of return on certificates of deposit. The current rate is just over 1.5% on a thousand dollar one year certificate.