District of Columbia Form - Enhanced CD Agreement
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FAQ
Certificates of deposit, among the safest places to stash your cash, are now drawing higher interest than they have in a decade. CDs currently offer better returns than traditional savings accounts and are essentially risk-free for anyone who can afford to lock up their funds tied up for fixed period of time.
A certificate of deposit (CD) is a savings tool that often pays higher interest rates when compared to a typical savings deposit account. A CD earns interest at a fixed rate over a set period of time known as the term.
With that understanding, here's how much you can expect a $10,000 CD to make in a year, based on a few popular CD rates available today: At 6.00%: $600 (for a total of $10,600 after one year) At 5.75%: $575 (for a total of $10,575 after one year) At 5.50%: $550 (for a total of $10,550 after one year)
Compact disc (CD)
CD Agreements means the security agreements, assignment agreements and/or deposit account control agreements executed with respect to the CD Accounts, and such other agreements as may be requested by the Administrative Agent in connection with the pledge of the CD Accounts, in each case, in form and substance ...
