How to redeem a lost Certificate of Deposit or Bank CD | Sapling
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How to redeem a lost Certificate of Deposit or Bank CD | Sapling
A certificate of deposit or CD for short is a short or medium term FDIC insured debt instrument offered by banks and credit unions. They offer a higher rate of interest then standard savings accounts or money markets because the money can not be redeemed for a set period of time without an early redemption penalty.
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