The good news is that money in a certificate of deposit is just as safe as it is in a savings account. CDs, like all deposit accounts, have FDIC insurance up to the $250,000 legal limit.

A certificate of deposit (CD ... to recover your funds if the bank holding them fails. Enter the Federal Deposit Insurance Corporation (FDIC), which provides up to $250,000 in insurance at ...

Learn all about various types of certificates of deposit, how they work and how they potentially fit into your savings and investment planning. Browse Investopedia’s expert-written library to ...

Lisa Goetz is a finance content writer for Investopedia. She typically covers insurance, real estate, budgets and credit, and banking and taxes. Ebony Howard is a certified public accountant and a ...

A certificate of deposit (CD) is a type of savings account ... Even better, your funds are insured, which means up to a certain amount "is guaranteed to be returned to you if a bank goes bankrupt ...

per bank for each account category by the Federal Deposit Insurance Corporation. The CD equivalent issued by credit unions, often referred to as share certificates, are insured for the same amount ...

A certificate of deposit (CD ... or sometimes previous / next navigation options. The Federal Deposit Insurance Corporation (FDIC) insures CDs for up to $250,000 per depositor, per institution ...

Start saving today» A certificate of deposit, or CD, is a type of bank ... Make sure your money is covered by federal insurance. The NCUA and FDIC protect bank accounts for up to $250,000 per ...