A certificate of deposit (CD) is a frequently overlooked money tool that can help you power up your savings and take full advantage of your interest-earning potential. If you’re new to saving, it might not be the first place to start.
Find out how a business CD (certificate of deposit) from OCCU can help put your business savings to work – so you can have more time to focus on growth and keeping your business running smoothly.
What is compounding interest? An intro to interest is the money your financial institution pays you to store your money in a savings or retirement account. There are two types: simple and compound.