Wednesday, December 13, 2017

December 2017 Fed Rate Hike: What It Means for Your CDs

Federal Reserve rate hikes, such as today’s 0.25 percentage point increase, can lead to higher annual percentage yields on certificates of deposit, or CDs. Some online-only banks have already increased their rates after the Fed’s last few hikes. If you own a CD — often called a share certificate by credit unions — here’s a look at what...



from neb biz feed 1 http://ift.tt/1VQOnJR
via Nebula Biz Local Loans

No comments:

Post a Comment