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Are CDs safe? Your guide to certificate of deposit security

Summary by Santa New Mexican
Ally Financial reports that CDs are safe, offering fixed interest rates and FDIC insurance up to $250,000. However, they come with risks like inflation and early withdrawal penalties.

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Santa New MexicanSanta New Mexican
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Are CDs safe? Your guide to certificate of deposit security

Ally Financial reports that CDs are safe, offering fixed interest rates and FDIC insurance up to $250,000. However, they come with risks like inflation and early withdrawal penalties.

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Santa New Mexican broke the news on Monday, June 22, 2026.
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