A CD is a good choice if you’re saving for a vacation or college education and you won’t need the money for a certain period of time.Time frames range from six months to ten years. Because you agree to pay a penalty fee charged by the bank if you decide to withdraw your money before the end of the specified time period, interest rates will normally be higher than for a basic savings or money market account.
Convenient Louisiana Banking Locations:
Alexandria · Ball · Bossier City · Forest Hill · Lecompte · Marksville · Pineville · Shreveport
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