Everybody loves a sure thing. If you're looking for safety and predictability in your savings, a Certificate of Deposit (CD) is a great way to earn a high interest rate compared to a regular savings account. When you purchase a CD, you invest a fixed sum of money for a fixed period of time - six months, one year, five years, or more - the longer the term, the higher the interest rate. When you cash in or redeem your CD at maturity, you receive the money you originally invested plus the accrued interest.
Rosedale Federal offers savings and checking accounts to residents in the Maryland communities that our branches serve. These communities are located east of Greenmount Avenue/York Road in Baltimore City and Baltimore County and include all of Harford County.