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    Sarah C. Brady

    Sarah C. Brady

  • What is FedNow, and how does it work?

    FedNow is an instant payment service created by the Federal Reserve. Learn more about how FedNow works and how it benefits you.

  • What is a jumbo CD?

    Jumbo CDs are a type of certificate of deposit with higher minimum balance requirements — and often, higher interest rates. Here’s how they work.

  • What is the typical minimum balance required for savings accounts and CDs?

    Some types of savings accounts come with minimum balance requirements. Here’s a look at the typical minimum balance needed to open a traditional savings accounts or CD.

  • Are money market accounts insured by the FDIC?

    If you’re thinking about opening a money market account, it’s important to ensure that the account is FDIC-insured. Here’s why, and how you can check.

  • What is a brokered CD?

    Brokered CDs are offered by brokers instead of banks and may pay higher interest rates. But they also come with some risks. Here’s what you need to know.

  • What is a callable CD?

    If you’re looking for a high-yield CD, you may have come across a callable CD. Learn more about how callable CDs work and whether they make sense for you.

  • What is a bump-up CD?

    A bump-up CD allows you to increase your rate if interest rates rise during the term. However, there are some trade-offs for this flexibility.

  • What is a no-penalty CD?

    No-penalty CDs don’t charge fees if you need to withdraw your money early. But they do come with some trade-offs. Here’s what you need to know.

  • Are online banks really safe?

    Here’s a look at how online bank security compares to traditional brick-and-mortar institutions.