Dedicated to Deposits: Deals, Data, and Discussion
Featured Savings Rates
Featured Accounts

WSJ: What Are CDs Good For?

Friday, March 15, 2013 - 10:19 PM
From the WSJ
Low interest rates have undercut the appeal of certificates of deposit for years. Now, some fans of the plain-vanilla savings tools are turning to them as protection against the risk that rates will suddenly rise.

Read more (may need to use Google News to view article)

I described to the reporter the two risks with CDs in regards to early withdrawal. I had also mentioned what happened at Fort Knox FCU and at CEFCU. It looks like he didn't want to go too indepth on the risks.
Ken TuminKen Tumin5,471 posts since
Nov 29, 2009
Rep Points: 125,633
1. Saturday, March 16, 2013 - 12:38 AM
He did give you fair play though.
RicochetRicochet133 posts since
Jan 19, 2010
Rep Points: 364