Help Center / Interest Rates

Why do CD rates tend to be lower for longer terms?

In general, CD rates tend to be lower for longer terms because banks are anticipating potential future interest rate adjustments by the Federal Reserve and other macroeconomic factors. To learn more about how banks think about rate changes, click here.

Contact Us
Email Support

Related Articles

How is the interest compounded and paid for a Growth Savings account? 

Interest starts accruing for Growth Savings on the day we receive your deposit. Even if your fund...

Learn More
How does Growth CD accrue interest?

For Growth CD, interest is accrued daily and credited to your account monthly.

Learn More
What are the interest disbursement options available for Growth CD?

Growth CD customers can withdraw earned interest by setting up monthly interest disbursements in ...

Learn More

Contact Us

Need more help? Get in touch with a member of our team today.

Contact Us