What is a Certificate of Deposit?
Posted On: September 8, 2022 by Prevail Bank in: Banking / Money Management
Maybe you've heard of a Certificate of Deposit (CD). But you're asking yourself, what is a Certificate of Deposit (CD)? Is it a savings account, a checking account, or something else? We're here to explain and help you decide if a Certificate of Deposit is the right account for you.
A CD, like a savings account is a low-risk savings tool, but with several differences. These differences between a CD and a checking and savings account are:
A...For online budgeting purposes – download / upload your Prevail Bank statements
Here's one way to keep better track of your money - Enable Digital Banking Alerts!
How to never miss a bill payment again - Online Bill Pay
You’re Being Targeted --- MUST DOs for Safe Business Banking
Need Help with a Home Loan Down Payment?
Account takeovers are on the rise. This is what you do to protect yourself.
Hot Summer Solutions: How to Stay Cool, Safe, and Well-Fed
Top Internet Scams Targeting Seniors: How to Stay Safe
Mobile Payments, Scams & Security: What You Need to Know Before You Tap "Send"
Featured Blogs

Local Mortgage Lenders vs Online Lenders
Categories: Home Loans