Your CD Checklist ? What to Look for When Buying a Certificate of Deposit

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Buying a certificate of deposit, or CD, doesn’t have to be overwhelming. In fact, you don’t even have to “open a CD account” the way you would a traditional savings account or an IRA. You can buy CDs with a deposit as low as $ 1,000 and invest for as little as six months or as long as five years, with the option to renew at their maturity date. Keep in mind that you can only withdraw a CD at its maturity date – you’ll pay a penalty if you withdraw it ahead of time.

Many banks will promise you high CD rates but also have inflexible terms and rigid requirements such as a high minimum investment amount. On the bright side, online banks such as Aurora Bank have remained both reliable and competitive with CD rates and minimum investment amounts. In addition to competitive rates, you’ll also want to look for these added features when investing in CDs:

Multiple Term Lengths – Whether you’re planning a family vacation six months from now, or you want to save for your child’s college education which is coming up in a few years, having flexible CD term lengths puts you in control. You can even spread your money across multiple CDs with different maturity dates so that you have access to money when you feel you might need it in a pinch.

FDIC Insurance – Unlike some bank products, CDs are insured by the FDIC (Federal Deposit Insurance Corporation) for member Banks, a government entity that backs your investment up to the maximum allowable by the FDIC. This brings extra security and peace of mind that helps keep your investment safe without subjecting it to the whims of the stock market.

Automatic Rollovers and Compound Interest – Your CD should give you the option to automatically roll it over into another fixed period if you wish. Most banks will give you a grace period of 10-15 days after your maturity date, during which you can withdraw your funds or roll them over for an additional period of time.

Jess Hall writes out of Jersey City about different investment opportunities, including what to look for to find the best CD bank. Always looking for a trusted financial institution for advice and tips she tends to look to Aurora Bank more often than not.


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  • Business Administration students can specialize in areas such as Entrepreneurship, Finance, and Project Management.

Programs:

  • BA/Accounting
  • BA/Consumer and Family Financial Services
  • BA/Finance
  • And more...
  • Available business concentrations include Accounting, Economics, General Management, Marketing, and Human Resource Management.
  • Ranked among the Best Online MBA and Online Graduate Business Programs in 2016 by U.S. News & World Report.
  • Programmatic accreditation provided by the Accreditation Council for Business Schools and Programs (ACBSP).
  • Regionally accredited by the Southern Association of Colleges and Schools Commission on Colleges (SACSCOC).

Programs:

  • Bachelor of Science in Accounting
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Centura College, with campus locations in Virginia, South Carolina and Florida, is dedicated to helping students gain the skills and attitudes necessary to succeed. Drawing from over 30 years of career school experience.

Programs:

  • Bachelor of Science in Business with a Concentration in Accounting
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Locations:  Virginia Beach
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  • Study on your schedule - GCU offers many programs 100% online to fit your busy lifestyle.
  • GCU offers a variety of opportunities to reduce the cost of furthering your education. Campus students may qualify for scholarships, while online students can take part in limited special offers.
  • A regionally accredited university, GCU also holds specialized accreditations and approvals for some of our core program offerings.
  • Degrees in business, education, nursing, humanities and social sciences, theology and more. Find the degree that fits you.
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  • B.S. in Accounting
  • B.S. in Finance and Economics
  • Specialized bachelor’s and master’s degrees that let you take more courses devoted to your field of interest, on average, than at other similar schools.
  • 4 out of 5 employers of an AIU business graduate say they would hire another AIU business graduate
  • Classes taught by industry specialists who bring a real-world perspective to the classroom
  • Business administration programs are accredited by the Accreditation Council for Business Schools and Programs (ACBSP) with the exception of Technology Management and Fashion Marketing specializations
  • MBA degrees can be completed in as little as 12 months

Programs:

  • Bachelor of Accounting
  • Bachelor's (BBA) - Accounting
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WELCOME TO KAPLAN UNIVERSITY

Online Education That Fits Your Life

For 80 years, we’ve been preparing students for career success. We’ve led the wayso that our students can too.

Globally Renowned Purdue to Acquire Kaplan University

Purdue University, one of the nation's most respected universities, will acquire Kaplan University and create a new, nonprofit, public institution within the Purdue system. Pending regulatory approvals, this exciting transition is expected to take place later this year. This change will be seamless—during the transition, you will still be able to enroll at Kaplan University, earn a high-quality education, and meet your educational and career goals.

Programs:

  • BS in Accounting
  • BS in Accounting - Managerial Accountancy
  • BS in Accounting - Public Accountancy
  • And more...

CTU can help you connect to what matters most: a powerful professional network, faculty who are real-world professionals and innovative technology. And now several CTU degree programs are ranked by U.S. News Best Online Programs for 2015.  Are you in?

Programs:

  • Bachelor of Science in Accounting
  • Bachelor of Science in Business Administration - Finance
  • Designated as a 2015 Military Friendly® School by Victory Media, publishers of G.I. Jobs®.
  • Each program is designed to instill the knowledge, ethical values, and interpersonal skills of professional practice and to foster values of social responsibility.
  • Offers several flexible learning options, including a blended format that combines campus and online learning.
  • Several scholarship opportunities are available for students who qualify.
  • We're now Non-Profit.

Programs:

  • Business Administration - Accounting (BS) (Online)
  • Business Administration - Finance (BS) (Online)
  • Education Connection is a 100% Free College Matching Service used by 50,000 People Daily.
  • Get Matched to the Right Business Administration and Management, Accounting, Healthcare Administration, Marketing and Entrepreneurship Degree Program for YOU.
  • Affordable and Flexible Business Degree Programs from Top Colleges Across the Nation. Both Online And Campus!
  • Just Fill Out a Few Questions and You Can Find Your Perfect Business Degree Program Within Minutes.
  • Start Using our Fast, Free, and Easy Matching Service Right HERE and Right NOW!

Programs:

  • Online Bachelor's programs include BBA, Criminal Justice, Psychology, IT, Healthcare Management & Public Health
  • Over 115 years of delivering quality education and personalized attention to students
  • Provide a range of campus experiences and services online including advising, tutoring, student community, and career services
  • Give students and alumni access to career assistants who help with resumes, cover letters, job hunting, and more.
  • We're now Non-Profit.

Programs: