Acacia Federal Savings Bank CD Rates

Certificates of deposit are an excellent way to save money and dip your toes into investment waters for the very first time. Certificates of deposit sometimes go by the acronym, CD. Just make sure you do not get them mixed up with the musical CD, the compact disc!

The Acacia Federal Savings Bank CD rates have plenty to offer the person who wants to invest but does not want to risk losing any of their money. After all you worked hard for your money and want to test the waters before you dive in all the way. A CD allows you to do just that.

Certificates of deposit are an excellent way to save money and dip your toes into investment waters for the very first time. Certificates of deposit sometimes go by the acronym, CD. Just make sure you do not get them mixed up with the musical CD, the compact disc!

The Acacia Federal Savings Bank CD rates have plenty to offer the person who wants to invest but does not want to risk losing any of their money. After all you worked hard for your money and want to test the waters before you dive in all the way. A CD allows you to do just that.

The fact that your investment is safe and secure and does not come with any type of risk makes it an ideal investment option. Think carefully about your financial needs and your current budget and decide how much money you can set aside and for what duration. The Acacia Federal Savings Bank has maturity dates for certificates of deposit that are very brief, as in three month but also as long as five years. This allows you to customize your CD to fit your life.

The earnings from your Acacia Federal Saving Bank CD can be presented to you monthly, quarterly or semi-annually. The choice is yours. Figure out what method of being paid interest is in your best interest. You can then let the bank know and they will do as you have requested.

The Acacia Federal Savings Bank CD rates can provide you with the extra money you require to save for a vacation or save for your son or daughter’s future. Or perhaps you would like to learn more about investing. If yes then this is an excellent way to do so. When you open a certificate of deposit account you can start slowly and you risk nothing.

The money you put into a CD with the Acacia Federal Savings Bank is insured by the Federal Deposit Insurance Corporation (also known as the FDIC) for up to $250,000. This will remain in place until the end of 2013. On the first day of 2014 your money will only be insured up to the amount of $100,000. This is the case for all accounts through the bank with the exception of IRAs and a select number of retirement accounts.

Now has never been a better time to open a certificate of deposit account.

Find out more about the Acacia Federal Savings Bank CD rates or go to bank website at http://www.afsbonline.com/.