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  2. The 20 Best CD Accounts of 2022 - AOL

    www.aol.com/20-best-cd-accounts-2022-120022578.html

    Why it stands out: The CIT Bank CD Account offers annual percentage yields of 0.50% for a 60-month CD and 0.30% for a 12-month CD. CIT also offers a no-penalty 11-month CD account. CIT also offers ...

  3. How do certificates of deposit work? Understanding CDs ... - AOL

    www.aol.com/finance/how-do-cds-work-220139365.html

    A certificate of deposit — or CD — is a type of deposit account that allows you to grow your savings at higher rates than a traditional savings account. Offered by big-name and digital banks ...

  4. Are CDs safe? - AOL

    www.aol.com/finance/cds-safe-184322113.html

    CDs issued at federally insured banks and credit unions are protected by federal deposit insurance, meaning your money is protected up to $250,000 per depositor, per insured institution, per ...

  5. Certificate of deposit - Wikipedia

    en.wikipedia.org/wiki/Certificate_of_deposit

    A certificate of deposit ( CD) is a time deposit sold by banks, thrift institutions, and credit unions in the United States. CDs typically differ from savings accounts because the CD has a specific, fixed term before money can be withdrawn without penalty and generally higher interest rates. The bank expects the CDs to be held until maturity ...

  6. CIT Group - Wikipedia

    en.wikipedia.org/wiki/CIT_Group

    CIT Group ( CIT ), a subsidiary of First Citizens BancShares, is an American financial services company. It provides financing, including factoring, cash management, treasury management, mortgage loans, Small Business Administration loans, leasing, and advisory services principally to individuals, middle-market companies and small businesses ...

  7. First Citizens BancShares - Wikipedia

    en.wikipedia.org/wiki/First_Citizens_BancShares

    First Citizens Bancshares, Inc. is a bank holding company based in Raleigh, North Carolina. Its primary subsidiary is First Citizens Bank, which operates over 500 branches in 23 states and is one of the largest banks in the United States . For three generations, the bank has been led by the family of Robert Powell Holding, who joined the bank ...

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