There is 1 huge advantage to the rising interest rates

And it has to do with what  your earning on your savings…

Address

3963 11th St Riverside 92501

Call For Free Consultation

(951) 328 – 1190

Email address

Randall.Hord@RaymondJames.com

This Weeks Rates

3 Month CD

3.50%
  • 24/7 support

6 Month CD

4.55%
  • 24/7 support

9 Month CD

4.7%
  • 24/7 support

1 Year CD

4.75%
  • 24/7 support

Annual Percentage Yields (APY) as of 12/16/22. Rates are subject to change and availability.

Have you checked to see what your bank
is paying you in interest on your savings?

If not, then maybe you should.

The Federal Reserve has been raising interest rates all year and one advantage for us as consumers is bank CD rates have gone through the roof.

Over the past couple months I have been buying bank CD's for our clients, most have been for 1 year, and we have been getting rates in the 4.5% to 4.8% range.

We have access to an inventory of banks from all over the country to choose from so we can pick the best rates available.

Regarding FDIC Insurance Limits

FDIC Insured Banks

Of course all our banks are FDIC insured and we make sure that we don’t go over the FDIC insurance limits of $250,000 for each institution.

FDIC Insured Trusts

If your account is in the name of your Trust, the FDIC insurance is based on the amount of beneficiaries (2 beneficiaries = $500,000 limit).

Larger Sums of Money

When your investing millions of dollars with us in CDs, we simply buy CD’s from multiple banks, each carrying it’s own individual FDIC insurance.

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Disclosures

Requires minimum purchased of $10,000. Rates expressed as annual percentage yield (APY) as of 12/16/2022. In most cases, early withdrawal may not be permitted; however, CDs can be liquidated in the secondary market subject to market conditions. APY may reflect a current market discount. Subject to availability. Yield and market value will fluctuate with changes in market conditions.

Please contact your Financial Advisor for complete information about brokered CDs, including charges and expenses.