What is the shortest time for a bank cd?

1 Answer

Answer :

The shortest length of time for a CD is generally 12 months. However because it is such a short length of time the interest is generally very low.

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Last Answer : Please visit this site and choose the closest major city to Santa Maria (Bakersfield, for example) --http://www.bankrate.com/bhabr/rate/depRsearch_market.asp?params=CA,0 Then choose the types of CDs you're interested in.

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Last Answer : Assuming that your CD is in a bank that is insured by the FDIC, and it is less than $100,000 ($250,000 temporary for now), you are protected. However, chances are that your bank may be taken ... this could result in the new bank honoring the CD until maturity. Either way, your assets should be safe.

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