Are CD returns worth the withdrawal restrictions? Experts offer insight [CBS News]

Community Financial System, Inc. (CBU)
Last community financial system, inc. earnings: 4/20 06:45 am
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Source: CBS News
their cash in something with low risk and the potential for high returns. CD interest rates can vary widely, but if you shop around, you can easily find CDs in a wide range of terms offering over 4% APY currently. In exchange for those high CD rates, you agree to hold your funds in the account for a set term , which could be anywhere from a few months up to 10 years. If you need to access your funds early, you could get hit with an early withdrawal penalty Given the restrictive CD withdrawal rules, it's important to weigh the potential CD returns along with the risks and understand when it makes sense to use a CD and when it doesn't. We spoke with three experts who share when a certificate of deposit is a good idea, despite the restrictions and when it's
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CBU
News
- Community Financial System Announces First Quarter 2025 Earnings Conference CallGlobeNewswire
- First Farmers and Merchants Corporation Declares Quarterly Cash Dividend of $0.27 Per Share [Yahoo! Finance]Yahoo! Finance
- Community Financial System, Inc. Appoints Marya Burgio Wlos as Executive Vice President and Chief Financial OfficerBusiness Wire
- Community Bank System, Inc. (NYSE: CBU) had its price target raised by analysts at Keefe, Bruyette & Woods from $74.00 to $76.00. They now have a "market perform" rating on the stock.MarketBeat
- Community Financial System, Inc. Reports Fourth Quarter and Full Year 2024 Results [Yahoo! Finance]Yahoo! Finance
CBU
Earnings
- 1/21/25 - Beat
CBU
Sec Filings
- 3/31/25 - Form 4
- 3/31/25 - Form 4
- 3/28/25 - Form ARS
- CBU's page on the SEC website