Certificates of deposit (CDs) are time deposit accounts that hold your money for a specific term while you earn interest. And most Americans are sleeping on them.Fewer than 7% of American households have active CD accounts, per the Federal Reserve, and the rare household that does have a CD acc
Taylor Tepper is a Lead Editor at Banking. He covers topics related to finance and economics, with a focus on banking and personal finance, drawing insights from his work published in notable outlets such as The New York Times, Money, Planet Money, Business, Fortune Magazine, and TIME. Taylor's expertise and commentary have also been featured in USA TODAY, Forbes, and La Crosse Tribune.




