Certificates of Deposit

CD Basics

Certificates of Deposit (CDs) are debt instruments issued by commercial banks and savings and loan institutionns. When you invest in a CD, you loan the bank a set amount of money.

Types of CDs

There are many types of CDs available, including bullet, secondary, callable, callable step-up and zero coupon CDs.

CD Risks

As with any investment, CDs involve several types of risk for the investor.

Special CD Features

Depending on the type of CD you choose, you may be able to take advantage of special features for your specific investment needs.