Street Talk
Street Talk
Nathan Stovall | S&P Global Market Intelligence
Ep 25 - Wake up savers, watch out banks - CDs back in vogue
12 minutes Posted Jun 20, 2018 at 12:15 pm.
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Show notes
CD specials are back. More banks are offering the promotional rates on CDs, or certificates of deposits, to attract new customers. While that is good news for savers, it means funding costs likely will rise even more for banks. The episode shines a light on recent CD rates offered by banks and features commentary on smart deposit strategies from Bruce Hinkle of StoneCastle Cash Management and KeyCorp CFO Donald Kimble.