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powered by Bankrate.com  October 19, 2002
> Saving/CDs >
1-year Certificate of Deposit  
What is a 1-year CD?
  A 1-year CD is a time deposit requiring the funds be invested for a 1-year period to earn the stated return. A penalty is typically imposed for early withdrawal from a CD.  Learn more
Where are CD rates heading? Click here
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