The interest rate of a variable-rate certificate of deposit changes determined by consumer price index, prime rate, market index or treasuring bills. When a variable-rate CD matures, generally the amount paid is based on the difference between the starting index and final index.
Related information about variable-rate certificate of deposit:
- Variable-Rate Certificate Of Deposit Definition | Investopedia
A certificate of deposit (CD) with a variable interest rate. The rate can be determined by a number of mediums, such as the prime rate, consumer price index, ...
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30-Month Variable Rate Certificate of Deposit. Gain the upside potential of rising rates with the flexibility to make frequent contributions. Minimum balance of $1 ...
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A certificate of deposit for which the interest rate changes according to some formula at set intervals. Investors use variable-rate certificates of deposit when they ...
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Variable Rate Certificate of Deposit. The rate on your account may change after the account is opened. You may add on to this CD to increase your investment.
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Definition of variable-rate certificate of deposit: The interest rate of a variable-rate certificate of deposit changes determined by consumer price index, prime rate, ...
- VARIABLE RATE CERTIFICATE OF DEPOSIT - Altoona First ...
ALTOONA FIRST SAVINGS BANK. KASASA SAVER - REG DD DISCLOSURE. The following information is provided to make sure you have a complete ...
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ALTOONA FIRST SAVINGS BANK. KASASA CASH. REG DD DISCLOSURE. The following information is provided to make sure you have a complete ...
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Also known as VARIABLE RATE CERTIFICATE OF DEPOSIT (VRCD). See also LOCKUP CERTIFICATE OF DEPOSIT, NEGOTIABLE CERTIFICATE OF ...