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Certificates of Deposit (CDs)

In business, there are always plenty of risks, but unless you're a professional poker player, you want to avoid as many of them as you can. A CD from RBC takes the risk out of investing with a fixed rate of return and FDIC insurance up to $250,000.

Make the most of your idle funds without having to worry what will happen down the road—your return stays the same even if rates drop. For peace of mind and a solid return, a CD is a safe bet.

Certificates of Deposit (CDs)
Summary
  • Better returns than most savings accounts
  • Competitive fixed rates
  • Various terms to choose from
  • Interest compounded daily
  • Penalty for early withdrawal
  • $500 minimum deposit to open
  • FDIC insured