CERTIFICATES OF DEPOSIT
Ensure safety and lock-in competitive rates of return while funds are idle.
When CDs are a good option
Certificates of Deposit (CDs) offer organizations a safe and predictable way to grow their funds. With competitive rates of return among federally-insured deposit accounts, CDs provide a secure investment option for cash that is not immediately needed.
CDs FOR BUSINESSES
Those businesses with short or medium-term investment goals are in the best position to take advantage of the benefits offered by CDs.
But in many cases, liquid funds are needed to meet expenses in the short-term. In this case, a CD ladder can be an effective
strategy.
CDs FOR GOVERNMENT AND MUNICIPAL
When school districts or municipalities issue bonds for a project, they receive large sums of money up-front.
Instead of allowing the cash to languish in a low-interest savings account, the district could purchase timed CDs that will mature just before projected payments are due.
CD ladders
We understand that liquidity needs can vary throughout the year. While you may require access to cash at certain times, you still want to maximize the yield on your remaining funds. In these situations, a CD ladder is an ideal solution. With a CD ladder, CDs mature at different intervals, ensuring funds are available when needed while optimizing the yield on your investments.
CD ladders can be a good option for those organizations that have predictable cash flows and who want to protect cash reserves and achieve better returns.
Fees
ADM delivers gross interest on CDs and charges a one-time annualized placement fee on each CD purchase and renewal.
