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Wachovia explains savings and certificates of deposit
A public interest promotion from Wachovia outlines savings accounts and CDs. It explains how banks pay interest, daily vs period rates, grace periods, compounding, and monthly payments, with FDIC insurance up to 10,000 per depositor. It notes Wachovia offers tailored CDs from 30 days to years and invites customers to compare and visit a local office.
MENTIONED IN THIS ARTICLE
Federal Deposit Insurance Corporation
Wachovia
North Carolina
Southeast