Normally learning that a bank is weak would make you hesitate before investing, but in the case of CD's they are federally insured and there are quite a few banks out there who are facing trouble. How they are luring money in is by offering higher CD Rates than some of their competitors.
If you have money that you can set aside for a certain time period without having to touch it, CD's can be a great way to earn more interest than you would over a traditional money market or savings account. Remember to always read the fine print so you know all of the terms...
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