Other Accounts: Savings, CDs, and Money Markets

Checking accounts are great for everyday spending, but what about saving for the future? Here are three powerful options to help your money grow.

Savings Accounts

Start simple. A Consumers savings account is perfect for building an emergency fund or saving for short-term goals. You’ll earn interest and have easy access to your money whenever you need it.

Money Market Accounts

Want to earn more while keeping flexibility? A money market account offers higher interest rates than regular savings, plus check-writing and debit card access. It’s ideal if you keep a larger balance and want your money to work harder.

Certificates of Deposit (CDs)

If you’re ready to commit your money for a set period, a CD can offer even higher returns. Consumers CDs come in flexible terms, from 3 months to 5 years, and the longer you save, the more you earn.

Think of these accounts like tools in a toolbox. Use savings for quick access, money markets for balance and growth and CDs for long-term goals.