Following historic patterns, as the economy begins to perk up and the Federal Reserve hints at a possible interest rate rise, investors are losing interest in classic CDs, and banks are responding by offering a growing number of alternative rising-rate CDs., in its 2011 Rising-Rate Survey of those products, said that it found a surprising range of opening interest rates among liquid CDs, which allow investors to withdraw funds without penalty, step-up CDs, which raise rates at preset intervals, and bump-up CDs, which give investors a certain number of opportunities to opt for higher rates.

Register or login for access to this item and much more

All Bank Investment Consultant content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Don't have an account? Register for Free Unlimited Access