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Farm Bureau Bank News Best time to invest in a CD

Aug 01, 2016

Depending on your financial goals, now may be the best time to invest in a Certificate of Deposit (CD). A CD with Farm Bureau Bank offer's a competitive rate and guaranteed returns for the length of the term you choose. Plus, Farm Bureau Bank CD’s are FDIC-insured up to $250,000 per depositor. A CD is a great solution for someone who is looking to save money while earning the highest interest rate possible.

Once you choose a CD and term that best suits your financial goals, you will be set at that current rate for the entire term. The longer the CD term, the better the payout. Remember, before placing your money into a long term CD, make sure to look at your finances to insure you will not need to withdraw your funds before the term has ended. If you decide to withdraw your funds before the term is up, also known as a maturity date, you may have to pay an early withdrawal fee.

The best time to invest in a CD all depends on your financial goals, Farm Bureau Bank has options for you! Is now the right time to open a CD? Call us today for more information, or to apply at 1-800-492-3276 or visit https://www.farmbureaubank.com/Deposits/CD.




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* Rates disclosed as Annual Percentage Rate (APR) and Annual Percentage Yield (APY). Farm Bureau, FB, and the FB National Logo are registered service marks owned by, and used by Farm Bureau Bank FSB under license from, the American Farm Bureau Federation. Farm Bureau Bank FSB is a service-to-member institution which provides banking services to Farm Bureau members and others in participating states. Services are not available in the following states: IL, KS, MI, MO, NY, OH, and WY.