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Best 5-year CD rates — June 2021


Best 5-year CD rates June 2021
Bankrate
11 hrs ago
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A certificate of deposit, or CD, is a financial product that allows you to stash away some cash and earn a fixed rate of interest on that cash for a set period of time. In exchange for handing over your money for a specified and longer term, banks are usually willing to offer you a higher interest rate. For example, a 5-year CD can earn you a higher (and guaranteed) rate than a typical savings account while still offering safety.
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Summary of best 5-year CD rates for June 2021 ....

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Best 6-month CD rates — June 2021


Best 6-month CD rates June 2021
Bankrate
6 hrs ago
© Provided by Bankrate
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Anytime you deposit into a CD, you promise to leave the money there for a set period of time. When you get a 6-month CD, the money remains in the deposit account for six months. Because you re willing to lock the money away, a bank might be willing to pay you a higher yield on the money.
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If you want to know how much interest you could earn on a 6-month CD, try Bankrate s calculator, which is designed to help you estimate potential earnings. Six months may not be a long time, but it can be useful when it comes to staying on track with your savings goals or setting up an emergency savings ladder. ....

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Best 1-year credit union CD rates — June 2021


Best 1-year credit union CD rates June 2021
Bankrate
1 hr ago
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Yields generally aren’t as high as they were almost a year ago, but it’s still possible to find a competitive interest rate. One way to do that is to shop around and look at the yields tied to the share certificates offered by credit unions.
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Pros and cons of credit union CDs
Brick-and-mortar banks can be pretty stingy when it comes to paying out interest to customers with savings accounts. In many cases, their CD rates aren t impressive either. ....

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