• What are the benefits of a Citizens Access CD ladder?

  CD laddering allows you to invest money in both short-term and long-term CDs so that you can benefit from higher earnings while having greater access to your funds. Benefits include:

  • Access to longer-term rates
  • Increased funds availability
  • Limited interest rate risk
• How can I build a Citizens Access CD ladder?
  Building a CD ladder is easy. Follow these 3 simple steps:
  
  

  1. Divide your total investment across multiple CDs with different maturity terms
  2. At maturity of each CD, roll over your earnings into a new CD with the longest term within your ladder
  3. After the 1st rollover, CDs will automatically renew for the same term at maturity
• What is a CD ladder?
  A CD ladder is a savings strategy where you invest your savings across multiple CD terms with staggered maturity dates. When each CD term ends, you can reinvest funds into new CD terms with longer maturities, providing higher interest rates.
• What do I do when an Online CD in my ladder matures?
  To maintain the Citizens Access CD ladder, you should reinvest your earnings into a new CD with the longest term within your ladder.

Have more questions? Get more answers in our full FAQs section.