Bank of utica cd rates

Once that CD is approved, if there is an additional trustee, add that person following the steps outlined in question 8 to add a joint owner. After both trustees have been added, please contact customer service at 888-855-7778 or [email protected] to request an update to the account.

Bank of utica cd rates. Initially, the ladder would look like this: $20,000 in a 12-month CD. $20,000 in a 24-month CD. $20,000 in a 36-month CD. $20,000 in a 48-month CD. $20,000 in a 60-month CD. Each year one of the above CDs will mature, and at that point you can either withdraw the money or put it into a new five-year CD. The second option keeps the CD …

The Best CD Rates for October 2023. Learn the best ways to invest in CDs today by seeing which banks offer the highest rates. Compare top CD rates from multiple banks for your financial needs. Because CDs generally pay a fixed interest rate over a specified period of time, finding higher CD interest rates rate today will continue to pay …

Sep 16, 2021In an ideal world, we would all find a way to make our money that is sitting in our banks work for us rather than, well, just sit there. One of the ways we can do that is by placing our money in accounts that offer a decent Annual Percentag...3.50%. Annual Percentage Yield (APY). $1,000 minimum deposit required to open. Open an M&T 24-Month Select CD with a great rate.1 Select CDs require a qualifying checking account. Qualifying checking accounts include MyChoice Premium Checking, M&T Select, M&T Select With Interest, Power Checking or Advantage Checking account.The bank’s CD rates tend to be much lower than the best CD rates from online banks: BofA offers rates as low as 0.05% APY for some terms on its Featured CDs, with a minimum opening deposit of . B.CFBank is Dedicated to being a Boutique Commercial Bank. We offer high-quality, highly desirable services for your business and personal finance needs. Headquartered in Columbus, Ohio, CFBank is a nationally chartered full-service boutique bank. The team at CFBank is the most insightful, engaged team of lenders a business owner could hope to …Personal Loan Rates. Effective October 10, 2023 (Subject to Change at Anytime) ... * Reduce ¼% if charged to a Bank of Utica checking account ** Vehicles include ...4.55%. Balances Over. $999,999.99. 4.70%. 4.80%. The interest rate and Annual Percentage Yield may change. At our discretion, we may change the interest rate for your account at any time. There is no limitation on the amount the interest rate may change. Interest for your account will be compounded monthly.

Rates Southwest National Bank Schedule of Rates. Rates as of 9.28.2023. CD Specials ... 5.40%: $500. 11 Month (Must be opened online) 5.48%: 5.60%: $500: 13 Month: 5.29%: 5.40%: $500: All Interest Rates and Annual Percentage Yields are subject to change without notice. ... All CD and IRA accounts listed require a deposit of at least ...Compare the best One-year CD rates in Las Vegas, Nevada, NV from hundreds of FDIC insured banks. Compare the highest CD rates by APY, minimum balance, and more. ... Discover Bank Raises Its Online 1-Year CD Rate to 5.00% APY - Sep 21, 2023; Synchrony Raises Online Savings to 4.75% APY - Sep 13, 2023;In an ideal world, we would all find a way to make our money that is sitting in our banks work for us rather than, well, just sit there. One of the ways we can do that is by placing our money in accounts that offer a decent Annual Percentag...Aug 13, 2021 · GPO Federal Credit Union has an overall health grade of "A" at DepositAccounts.com, with a Texas Ratio of 2.06% (excellent) based on March 31, 2021 data. In the past year, GPO has increased its total non-brokered deposits by $80.67 million, an excellent annual growth rate of 27.84%. Please refer to our financial overview of GPO Federal Credit ... NEW CD RATES! 1-YR Jumbo CD ($100,000+) 5.09% APY 1-YR CD ($1,000+) 4.84% APY. Contact Us. CITIZENS NATIONAL BANK. ... 254-582-2533 True Texas Community Banking. Citizens National Bank of Hillsboro was organized in April, 1893 as an independent, locally owned, community bank and has maintained that distinction for 130 …Bank of America’s Featured CD accounts come in five CD terms, ranging from seven months to 37 months. The bank’s CD rates tend to be much lower than the best CD rates from online banks: BofA ...844.375.7027. Annual Percentage Yield (APY) is accurate as of and applies to the initial term of a new Featured CD. We may limit the amount you deposit in one or more Featured CDs to a total of $1,000,000 ($250,000 for CDs opened through bankofamerica.com). Alternative terms are not allowed.

Savings & CDs. Find out how you can save even more with tiered interest and premium options based on your M&T relationship. At M&T, we take the time to understand what’s important to you, and are available to make a custom savings plan recommendation with products and solutions that help you reach your goals. As your savings needs change, …ABOUT. For customers who wish to set aside some savings for investments, BCA Time Deposit is one of the best ways to make your money work for you. With a choice of terms and competitive interest rates, BCA Time Deposit is the right investment option. Time deposit is a product that the deposit and withdrawal can be made at a specified time.May 8, 2019 · Bank of Utica Best CD Rates: Simply put, Bank of Utica has consistently been ranked nicely across the board from our Best 5-Year CD Rates in the local section. If you are looking into a generous APY rate, then the wide range of lengths and CD rates are definitely worth checking out. NEW CD RATES! 1-YR Jumbo CD ($100,000+) 5.09% APY 1-YR CD ($1,000+) 4.84% APY. Contact Us. CITIZENS NATIONAL BANK. ... 254-582-2533 True Texas Community Banking. Citizens National Bank of Hillsboro was organized in April, 1893 as an independent, locally owned, community bank and has maintained that distinction for 130 …

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CD Rates; Checking Accounts; Money Market; IRA Rates; Blog; Forum; Banks; Banking Rates & News. Utica Metro Area. Advertising Disclosure. Banking Basics . ... Bank of …3.50%. Annual Percentage Yield (APY). $1,000 minimum deposit required to open. Open an M&T 24-Month Select CD with a great rate.1 Select CDs require a qualifying checking account. Qualifying checking accounts include MyChoice Premium Checking, M&T Select, M&T Select With Interest, Power Checking or Advantage Checking account.Make surcharge free cash withdrawals with your Bank of Utica Quickdraw® card at over 55,000 ATMs in the US and select other countries. Lost or Stolen ATM Card You can report your card missing or stolen by calling (800) 472-3272, 24 hours a day, even when the Bank is closed.Bank of Utica offers you a myriad of personal deposit accounts enabling you to get an account that is right for you. Our list includes: Checking Account. We have free personal checking accounts that pay you interest. Savings Account. Save your money in a higher yielding savings account. Money Market Account. Best CD Rates in Utica, New York, NY - October 5, 2023. BestCashCow tracks rates for over 15,000 banks and credit unions. The rates shown here were correct when last reported to us. Before traveling to a branch, please confirm rates directly with the bank. Home.

Certificates of Deposit benefits and risks. Benefits. Risks. Steady and predictable – Lock in an interest rate for a set period of time, while also generally providing a better interest rate of return than a savings account. Broad selection – Choose from different account types and from terms that range from 1 month to 20 years.Barclays offerings allow users to lock in high interest rates for CD terms in the range of 12 months to five years. There are six such CDs, all of which offer an APY between 4.45% and 5.15%.Deposit Accounts Bank of Utica offers you a myriad of personal deposit accounts enabling you to get an account that is right for you. Our list includes: © 2023 Bank of Utica Privacy Policy Member FDIC Equal Housing Lender Site MapCD Rates Today: October 9 — Earn 5.65% APY. 4 min Read. October 9, 2023. By Sheiresa McRae Ngo, AI Editor. YakobchukOlena / Getty Images/iStockphoto. Prime Alliance Bank is offering 5.65% APY for a 12-month certificate. A $500 minimum deposit is required. The Woods Cross-based bank is the 29th-largest in Utah.A no-penalty CD lets you withdraw funds before the maturity date without paying a penalty - great for rising rate environments. Here are the best no-penalty CD rates available today. Best Wallet Hacks by Jim Wang Updated May 10, 2023 Some l...Compare the best One-year CD rates in Louisiana, LA from hundreds of FDIC insured banks. Compare the highest CD rates by APY, minimum balance, and more. ... Discover Bank Raises Its Online 1-Year CD Rate to 5.00% APY - Sep 21, 2023; Synchrony Raises Online Savings to 4.75% APY - Sep 13, 2023;The Best CD Rates for October 2023. Learn the best ways to invest in CDs today by seeing which banks offer the highest rates. Compare top CD rates from multiple banks for your financial needs. Because CDs generally pay a fixed interest rate over a specified period of time, finding higher CD interest rates rate today will continue to pay …Available to the residents of New York, Bank of Utica is offering a 60-Month Term 4.00% APY upon opening a new CD account. This is a relatively longer CD with a very competitive rate. Below are all the details you need to open the 60-Month term 4.00% APY CD Rate Special on your funds when you open a Bank of Utica CD Account!Earn a competitive and guaranteed CD interest rate, whether you're saving for short or long term goals. With terms from 3 months to 5 years, CD s are a great way to save for what is important to you. If you are not a Citibank customer and would like to open a new Certificate of Deposit, Please call us at 1-800-374-9700 (TTY 1-800-788-0002) to ...Available to the residents of New York, Bank of Utica is offering a 60-Month Term 4.00% APY upon opening a new CD account. This is a relatively longer CD with a very competitive rate. Below are all the details you need to open the 60-Month term 4.00% APY CD Rate Special on your funds when you open a Bank of Utica CD Account!Oct 17, 2022 · Forbright Bank raises 1-year CD rate to 5.65% APY - Sep 5, 2023; Bask Bank Raises Interest Savings Rate to 5.00% APY - Jul 31, 2023; First Foundation Bank Raises Online Savings Rate to 5.00% APY - Jul 27, 2023; Milli Bank Now Offering 5.25% Savings Through Its Mobile Only Platform - Jul 7, 2023

Bank of Utica was founded way back in 1927 by John J. Sinnott, as the Morris Plan Company of Utica which was a kind of consumer finance company making loans to folks who weren't rich enough to get loans from traditional banks.

You can open your own CD with as little as $500. Our Certificates of Deposit offer guaranteed yields. With a Certificate of Deposit, the yield is locked in and guaranteed from the day you open the account until the day it matures. You know exactly what return you'll get and when you'll get it. Current RatesUtica, Michigan 6 Month CD Rates. When comparing 6 Month bank Utica, MI CD rates make sure to choose a Utica, MI bank that has deposits insured by the Federal Deposit Insurance Corporation (FDIC). Deposits in Utica, MI banks that are insured by the FDIC are guaranteed for up to $250,000 per depositor. Utica, Michigan Jumbo 6 Month CD RatesBottom Line If you interested in a short term or long term CD, look no further as Bank of Utica offers you an array of CDs to choose from. All you need is a minimum of $500 deposit and to pick your CD term. Earn a 4.00% APY rate for the 5-Year CD with the Bank of Utica.When you borrow money from a bank, credit union or online lender and pay them back monthly with interest on a set term, that’s called a personal loan. Choose a personal loan that best fits your situation and compare rate offers from differe...Sep 14, 2023 · Bank of Utica was founded in 1927 and is based in Utica, New York. Financials. Regional Banks. -. A high-level overview of Bank of Utica (BKUTK) stock. Stay up to date on the latest stock price ... In an ideal world, we would all find a way to make our money that is sitting in our banks work for us rather than, well, just sit there. One of the ways we can do that is by placing our money in accounts that offer a decent Annual Percentag...When it comes to financial planning, one of the key factors to consider is the interest rates offered by various investment options. One of the primary benefits of using a CD rate calculator tool is that it provides an accurate calculation ...

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Compound Interest Calculator Savings Account from Bank of Utica with 1.60% APY . Small differences in savings or CD rates may seem trivial. But, earning more in your savings and CD accounts can lead to much larger account balances balances over time when you examine the difference in compound interest over time.OnPath Credit Union is offering 7% APY on its OnPath Rewards High-Yield Checking Account. You'll earn the 7% APY on balances up to $10,000 (balances above $10,000 will earn 0.50%). You'll need to ... Check out the best CD rates you can find at top online banks and credit unions. See the highest CD interest rates. ... List of all TAB Bank CD rates: 1-year CD: 5.02% APY. 3-year CD: 4.25% APY.Deposit Accounts Bank of Utica offers you a myriad of personal deposit accounts enabling you to get an account that is right for you. Our list includes: © 2023 Bank of Utica Privacy Policy Member FDIC Equal Housing Lender Site MapCDs. With a Certificate of Deposit (CD), you can earn a competitive rate of interest for the time period that best suits your investment needs. With terms ranging from three months to five years, FirstBank of Nebraska has just the plan for you! Interest earned can be automatically deposited to your checking, savings or added back to the CD.Highest Yielding CD Rates for Ithaca, NY Includes Online Banks, Local Banks and Credit Unions / Updated September 28, 2023. All rates listed are Annual Percentage Yield (APY). ... Bank of Utica 4.50%: Bank with nearby branch - View 4-5 YEAR - $500 Min. 60-Month Rates. M.Y. Safra Bank 4.66%: Online Rate with branch - …a great rate on your terms. Open a Tiered Long-Term CD with $10,000–$99,999.99 or a High-Yield Jumbo CD with $100,000 to $499,999.99. Earn the Relationship Reward rate …Map of U.S. Bank Branch Rates - 115,000+ Locations (Rates updated daily) SEARCH Savings Accounts Standard Checking Accounts Reward Checking Accounts 1 Year CD 2 Year CD 3 Year CD 4 Year CD 5 Year CD Money MarketOpen a personal savings account online in minutes with Bank of Botetourt. In addition to Personal Savings accounts, Bank of Botetourt offers Student Savings Accounts, Club Savings, ... Guaranteed interest rate for the term of the CD. Interest is compounded and paid at maturity. Monthly interest payments are available for CD's of $5,000 or more.Compare today's best CD Rates from hundreds of banks and credit unions. We are 100% independent and gather our ncluding Bankrate, Nerdwallet, Forbes, and the The Balance. ... you can open a bank CD account with confidence and start earning interest on your savings. Best CD Rates Today . Term: Rate: Bank Term Rate; Credit Human: … ….

3.50%. Annual Percentage Yield (APY). $1,000 minimum deposit required to open. Open an M&T 24-Month Select CD with a great rate.1 Select CDs require a qualifying checking account. Qualifying checking accounts include MyChoice Premium Checking, M&T Select, M&T Select With Interest, Power Checking or Advantage Checking account.BankUnited offers multiple savings accounts. The one scored for this section is called Value Savings, which offers an almost non-existent APY for all balances. You can open the account with just ...3.00%. Although American Express National Bank offers a very competitive APY on its online savings accounts, you can find better CD rates from other banks that are listed among our best CD rates ...Utica, New York 60 Month CD Rates. When comparing 60 Month Utica, NY CD rates make sure to choose a Utica, NY bank that has deposits insured by the Federal Deposit Insurance Corporation (FDIC). Deposits in Utica, NY banks that are insured by the FDIC are guaranteed for up to $250,000 per depositor. Utica, New York Jumbo 60 Month CD RatesFees may reduce earnings. All rates are subject to change without notice after the account is opened. For current rate information call our Client Services at (877) 404-2265, Option 1. Compare current personal savings rates of Adirondack Bank’s Loyalty Savings, Loyalty Money Market, Children’s Savings, Hometown Savings and Holiday Club.If you’re ready to earn more on the funds you’re not using, a Term Share Certificate may be right for you. Apply Now. If you’re not ready to apply for a Term Share Certificate, and have questions, we are here to help. Call 315-735-8571 to talk about your options or make an appointment with one of our friendly and knowledgeable ...Please take notice that Berkshire Bank’s branch office at 303 Turnpike Road (Route 9), Westborough, MA will close on Friday, September 29, 2023, and will be immediately consolidated with our branch 5 East Main Street, Westborough, MA. For further information, please go here .Fees may reduce earnings. All rates are subject to change without notice after the account is opened. For current rate information call our Client Services at (877) 404-2265, Option 1. Compare current personal savings rates of Adirondack Bank’s Loyalty Savings, Loyalty Money Market, Children’s Savings, Hometown Savings and Holiday Club.For anyone looking to put $100,000 or more into a CD, you may find even better rates in our roundup of the best jumbo CD rates. Best 3-month bank CD: TotalDirectBank – 5.66% APY Early-withdrawal ... Bank of utica cd rates, Ponce Bank offers high-yield savings rates, CDs, and money market accounts. See how they stack up against other savings accounts. The College Investor Student Loans, Investing, Building Wealth Updated: May 5, 2023 By Sarah Sharkey 1Share Fa..., a great rate on your terms. Open a Tiered Long-Term CD with $10,000–$99,999.99 or a High-Yield Jumbo CD with $100,000 to $499,999.99. Earn the Relationship Reward rate shown when you also have a Key checking account (excludes Key Express Checking®, KeyBank Hassle-Free Account® and Key Smart Checking®). With certificates of deposit (CD ... , For 24-hour telephone banking, call: 1.888.662.5001 Bank of Ann Arbor Routing Number: 072413735 Bank of Ann Arbor SWIFT BIC: ANNAUS33 Bank of Ann Arbor NMLS ID: 718852, Savings & CDs. Find out how you can save even more with tiered interest and premium options based on your M&T relationship. At M&T, we take the time to understand what’s important to you, and are available to make a custom savings plan recommendation with products and solutions that help you reach your goals. As your savings needs change, you ..., Please see bank employee for further details. Substantial penalty for early withdrawal. Member FDIC *APY is short-hand for Annual Percentage Yield, With higher interest rates than a Savings Account, your money will grow at a faster rate, and like all deposit products at our bank, they are insured by the FDIC. We offer Certificates of Deposit in a broad range of maturities, each designed with a particular goal in mind. You can open your own CD with as little as $500. , Here is an overview of our CD and ANBTX IRA options: Low minimum deposit of $1,000 to open. Competitive interest rates with no maintenance fees. Multiple term options––save for as little as one month to five years. Fixed interest rate––locked in for …, The Best CD Rates for October 2023. Learn the best ways to invest in CDs today by seeing which banks offer the highest rates. Compare top CD rates from multiple banks for your financial needs. Because CDs generally pay a fixed interest rate over a specified period of time, finding higher CD interest rates rate today will continue to pay …, Highest Yielding CD Rates for Ithaca, NY Includes Online Banks, Local Banks and Credit Unions / Updated September 28, 2023. All rates listed are Annual Percentage Yield (APY). ... Bank of Utica 4.50%: Bank with nearby branch - View 4-5 YEAR - $500 Min. 60-Month Rates. M.Y. Safra Bank 4.66%: Online Rate with branch - …, Bank of Utica CD Rates: 60-Month Term 3.50% APY CD Rate Special [NY] North American Savings Bank CD Rates: 12-Month Term 2.84% APY, 24-Month Term 2.94% APY CD Rate Speci... United Educators Credit Union CD Rates: 36-Month Term 1.76% APY [Nationwide], Find the latest Bank of Utica (BKUTK) stock quote, history, news and other vital information to help you with your stock trading and investing. , Live Smarter with First Source, a credit union offering personal & business accounts, loans, credit cards, financial education and more. Become a Member today!, Live Smarter with First Source, a credit union offering personal & business accounts, loans, credit cards, financial education and more. Become a Member today!, Best CD Rates in Buffalo, New York, NY - October 11, 2023. BestCashCow tracks rates for over 15,000 banks and credit unions. The rates shown here were correct when last reported to us. Before traveling to a branch, …, Ad info. 1-800-477-4574 • Publication Support 1-800-888-4574 • www.4lpi.com Holy Trinity, Utica, 06-0180 Pulaski Meat Market Home Made Pierogi & Golabki Assorted Salads & Cold Cuts German Style Hot Dogs Our Own Smoked Polish Kielbasa & Ham Vincent Bulawa, Proprietor (315) 732-8007 • Barbara 725-3697 …, Utica, NY 6 Month CD Rates: Search and compare 6 Month Utica, NY CD rates from banks and credit unions. MonitorBankRates.com has a list of 6 Month CD rates in ... Bank. Product. APY. Min Deposit. Bangor Savings Bank. 15-Month CD Special. 3.82%. $500. Bangor Savings Bank. 9-Month CD special. 3.56%. $500., Bank of Utica's top CD rate is 1.25% APY. This rate is offered on the credit union's 5-year CD with a minimum deposit of $500. The dividends earned on this CD are paid upon maturity. The 4-year CD is a great alternative. The account offers an 1.15% APY with a $500 minimum deposit. This account also pays you your dividends upon maturity., With a savings rate of 1.60%, Bank of Utica ranks relatively competitively as compared against the national average. Bank of Utica's one-year and five-year term lengths CDs earn at a rate of 4.00% and 4.00%, respectively, while its highest-yielding money market account earns at an APY of 1.50%. , CD Rates Today: October 9 — Earn 5.65% APY. 4 min Read. October 9, 2023. By Sheiresa McRae Ngo, AI Editor. YakobchukOlena / Getty Images/iStockphoto. …, Utica, NY 6 Month CD Rates: Search and compare 6 Month Utica, NY CD rates from banks and credit unions. MonitorBankRates.com has a list of 6 Month CD rates in ... Bank. Product. APY. Min Deposit. Bangor Savings Bank. 15-Month CD Special. 3.82%. $500. Bangor Savings Bank. 9-Month CD special. 3.56%. $500., Our personal savings accounts offer competitive interest rates and free Digital Banking, and some can even be used as overdraft protection for your First Citizens checking account. Whether you have $100 or $10,000 to save, we have an account that can help you reach your savings goals., At Eastern Bank, we offer a wide array of solutions to help you get more out of your savings, and enjoy the assurance of FDIC protection. With our Limited Time High-Yield rates, earning has never been easier. Earn 5.63% Annual Percentage Yield. super script. 1 with our 12 Month Featured CD., Compare the best One-year CD rates in Nebraska, NE from hundreds of FDIC insured banks. ... First Bank of Utica 0.40% $10,000 - Learn More. Reviews . First State Bank 0.40% ... Forbright Bank raises 1-year CD rate to 5.65% APY - Sep 5, 2023; Bask Bank Raises Interest Savings Rate to 5.00% APY - Jul 31, ..., Utica, Michigan 6 Month CD Rates. When comparing 6 Month bank Utica, MI CD rates make sure to choose a Utica, MI bank that has deposits insured by the Federal Deposit Insurance Corporation (FDIC). Deposits in Utica, MI banks that are insured by the FDIC are guaranteed for up to $250,000 per depositor. Utica, Michigan Jumbo 6 Month CD Rates, a great rate on your terms. Open a Tiered Long-Term CD with $10,000–$99,999.99 or a High-Yield Jumbo CD with $100,000 to $499,999.99. Earn the Relationship Reward rate shown when you also have a Key checking account (excludes Key Express Checking®, KeyBank Hassle-Free Account® and Key Smart Checking®). With certificates of deposit (CD ... , Account Summary. Minimum deposit of $500. Wide range of terms available. Interest compounded daily and paid according to the CD you choose. Automatic CD renewal 1. Option to withdraw funds at maturity 2. Higher interest rates depending on First National checking relationship., Initially, the ladder would look like this: $20,000 in a 12-month CD. $20,000 in a 24-month CD. $20,000 in a 36-month CD. $20,000 in a 48-month CD. $20,000 in a 60-month CD. Each year one of the above CDs will mature, and at that point you can either withdraw the money or put it into a new five-year CD. The second option keeps the CD …, 36-Month CD (Certificate) Special. 2.25%. $1,000. Collinsvile Bank, a div of Northwest Community Bank. 18-Month CD Special Jumbo. 2.07%. $100,000. Utica, NE CD Rates: Search and compare Utica, NE CD rates from banks and credit unions. MonitorBankRates.com has a list of CD rates in Utica, NE you can use to. , 402.00. 460.00. Note: e-Rate is used for transactions through e-Banking. Contact the nearest BCA branch to obtain information on the special exchange rate for transactions at specified amount. The rate applied is the rate on the effective date of the transaction. *) The exchange rate may change during transaction process., Choose from investments ranging from 3 months to 60 months or more. Earn competitive rates that generally exceed those of regular savings accounts. Guaranteed returns mean you know exactly how much you'll have when your CD reaches maturity. Make additional deposits (minimum of $250)*. CDs included as part of your combined statement with your ..., Bottom Line If you interested in a short term or long term CD, look no further as Bank of Utica offers you an array of CDs to choose from. All you need is a minimum of $500 deposit and to pick your CD term. Earn a 4.00% APY rate for the 5-Year CD with the Bank of Utica., Feb 19, 2021 · Bank of Utica’s Top CD Rates. Bank of Utica’s top CD rate is 1.25% APY. This rate is offered on the credit union’s 5-year CD with a minimum deposit of $500. The dividends earned on this CD are paid upon maturity. The 4-year CD is a great alternative. The account offers an 1.15% APY with a $500 minimum deposit. , Oct 2, 2023 · E.G $10K investment into 5 different CD length: Instead of putting the entire $10,000 into one 5-year CD, you put $2,000 into 5 different CDs (i.e. 1,2,3,4,5-year CDs). With each CD expiring with every passing year, you can decide to either withdraw the money or re-invest it into another CD.