What Is a Jumbo CD?

25 Sep by Vitaliy Dadalyan

What Is a Jumbo CD?

What Is a Jumbo CD?A certificate of deposit, more commonly known as a CD, is a type of bank account that pays interest in exchange for the depositor leaving their funds in the account until it matures. A jumbo CD functions in the same way, … Continue reading ->The post What Is a Jumbo CD? appeared first on SmartAsset Blog.