Wealth Management Group


Total Votes: 0  
Interest: 93

214-986-8578
409 NM Highway 528
Rio Rancho, New Mexico 87124

Email Us
Home
View Mobile Site
Administrative Login

Display Number: 23761
Certificates of Deposit

A certificate of deposit (CD) is a time deposit, a financial product commonly sold in the United States and elsewhere by banks, thrift institutions, and credit unions. CDs are similar to savings accounts in that they are insured "money in the bank" and thus virtually risk free. In the USA, CDs are insured by the Federal Deposit Insurance Corporation (FDIC) for banks and by the National Credit Union Administration (NCUA) for credit unions. They differ from savings accounts in that the CD has a specific, fixed term (often one, three, or six months, or one to five years) and, usually, a fixed interest rate. The bank intends that the customer hold the CD until maturity, at which time they can withdraw the money and accrued interest.

Your browser must support cookies to use the shopping cart.
409 NM Highway 528 North East
Rio Rancho, NM 87124

Office: 505-892-3300
Fax: 505-892-3400

While you spend time building your business, Bill can help you invest in your family's financial future.

He will first focus on creating strategies to help protect your family's long-term security, while also working towards steadily increasing your nest egg. He can show you imaginative new ways designed to help you increase your business success into potential lifetime prosperity for you and your family.