: Ensure the bank is insured by the Federal Deposit Insurance Corporation (FDIC) to protect your deposit up to $250,000.
: Confirm you can meet the bank's minimum opening requirement, which often ranges from $500 to $2,500. 2. Choose Your CD Type and Term Shopping for a Certificate of Deposit? | FDIC.gov how to buy cds from bank
: Look for the best annual percentage yield (APY) for your preferred timeframe. : Ensure the bank is insured by the