Certificates of Deposit in a Rising Rate Environment

Certificate of Deposits (CDs) are a great way for customers to grow investments over a set term with very low risk. Traditionally, CD rates were higher than they have been in the past 10 years. Longer term CD rates were higher than offered short term rates, but today are not above 2.00% APY on average. In the years before 2008, 5.00% CDs were ...