When you open a traditional bank CD, you deposit a set amount of money for a fixed period of time, typically ranging from a few months to the entire sum of your savings. Brokered CDs are certificates ...

Investopedia / Julie Bang Money laundering is essential for criminal organizations that use illegally obtained money. Criminals deposit money in legitimate financial institutions to appear as if ...

Choncé is a personal finance freelance writer who enjoys writing about credit cards, mortgages, personal loans, debt management. Having a background in journalism, she decided to dive deep into ...

Live Oak Bank is an online-only bank that primarily serves small-business owners but offers high-yield certificates of deposit (CDs) to personal and business banking customers. For terms shorter ...

The good news is that Quontic Bank certificates of deposit (CDs) offer competitive yields, which are among the highest on the market, while requiring just $500 to open an account. The bad news is ...

Amerant Bank offers certificates of deposit (CDs) with terms between three and 60 months, although some terms are available only to Florida and Texas residents. Florida and Texas residents also ...

Valley Bank offers a handful of certificates of deposit (CDs), including fixed interest rate options. And while only three are available online, their minimum opening deposit is relatively low ...

Geoff Williams is a freelance contributor to Newsweek’s personal finance team. Robert is a senior editor at Newsweek, specializing in a range of personal finance topics, including credit cards ...

According to the FDIC, the national average rate for a 5-year certificate of deposit (CD) is 1.40%. That may not sound great, but the rate was 0.98% one year ago, meaning the average rate has ...

Merrick Bank High-Yield certificates of deposit (CDs) come with competitive rates, though you’ll need to put down a hefty $25,000 minimum deposit to qualify. Account details and annual ...

As an online-only institution, Alliant Credit Union offers a variety of fairly competitive certificates of deposit rates, which currently range from as low as 4.00% to 5.15% on its CDs with a ...

The six- and 13-month terms of the Independent Financial certificates of deposit have competitive rates and the minimum deposit for both is just $1,000. Zions Bank also has a 12-month, $1,000 ...