Wednesday, September 8th, 2010

Acacia Federal Savings Bank CD Rates

June 29, 2010 by admin  
Filed under Certificates of Deposit

The Acacia Federal Savings Bank found at on the web has much to offer those interested in personal banking as well as those interested in commercial banking (or a bit of both). If you are interested in purchasing a certificate of deposit (CD) then you have come to the right banking establishment! View the current Acacia Federal Savings Bank CD rates at the website and then decide what term for a CD is most suitable for you.

Investing in a certificate of deposit can guarantee you what you are looking for in an investment. There is no risk involved and you are offered higher rates than you would be paid by many other banks. Do your research and you will quickly see that this is the case.

At the Acacia Federal Savings Bank there are maturities for CDs that are designed with the customer in mind. You can choose the term or the maturity that is most suitable for your needs and for your financial goals. You can choose a term that ranges anywhere from the shortest which is three months to the longest which is five years.

When you purchase a CD through Acacia you are provided with peace of mind for your money because the safety of FDIC protection is there for you. From now through the 31st of December 2013 each depositor is insured up to the amount of $250,000. As of the date January 1, 2014 the amount that is insured by the FDIC will drop to $100,000 for each depositor. This is true for all accounts with the exception of IRAs and a selection of retirement accounts which will stay at the protection level of $250,000.

CDs offer a steady stream of income that can only be described as dependable. If you like the interest you earn can be sent to you on a monthly basis, on a quarterly basis or on a semi-annual basis. The interest you earn is compounded daily. If you decide to have your interest paid to your account on a quarterly basis then you will be paid interest-on-interest until the maturity date is reached. This provides you with the option to maximize your earnings.

It does not cost anything to open a certificate of deposit account nor to maintain one. To learn more about the Acacia Federal Savings Bank CD rates take a look at the website. Isn’t it about time that you got your money working to earn you more money? You can do that with Acacia.

Speak Your Mind

Tell us what you're thinking...
and oh, if you want a pic to show with your comment, go get a gravatar!