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StreetTalk Episode 25: Wake Up Savers, Watch Out Banks - CDs Back In Vogue


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Listen: StreetTalk Episode 25: Wake Up Savers, Watch Out Banks - CDs Back In Vogue

Jul. 17 2018 — CD specials are back. More banks are offering the promotional rates on CDs, or certificates of deposits, to attract new customers. While that is good news for savers, it means funding costs likely will rise even more for banks. The episode shines a light on recent CD rates offered by banks and features commentary on smart deposit strategies from Bruce Hinkle of StoneCastle Cash Management and KeyCorp CFO Donald Kimble.

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