References in periodicals archive ?
They tend to fall into three categories: step-up CDs, which rise at predetermined intervals during the course of the CD's term; liquid CDs, which allow investors to transfer money out of a CD to be reinvested in higher-rate CDs; and bump-up CDs, where holders can raise their rates a certain number of times during the CD's term.
Bump-up CDs, for instance, tend to have lower initial interest rates.
Several other credit unions were highlighted in the bump-up CD category.