The Federal Reserve is transitioning wire transfer messaging from the current FAIM format to ISO 20022, a modern, global financial messaging standard. During this transition the wire platform in our Business Online platform will be unavailable from 4:00 PM on July 11th until 7:00 am on Monday, July 14th.
Use this calculator to examine the benefits of investing in a series of Certificates of Deposits with different maturities, also called a CD Ladder. With a CD Ladder, you can benefit from higher interest rates for longer maturities, while achieving better liquidity, rather than investing in a single long-term CD.