For example Countrywide or Indymac Bank. I know they have gone through financial problems and credit messes recently, but they seem to offer some pretty good cd rates. I would like those rates but don%26#039;t know if I should be reluctant to give it a go for fear of bankruptcy. Would my cd be unaffected if that happened?
Should I stay away from banks with financial woes if I want to open a cd with their high rates?mortgage rate
Bank CD%26#039;s are insured by the FDIC up to 100,000 dollars so as long as its not a Jumbo, which is over 100,000 dollars, you should be ok.
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