very true that many banks drop from their CD's short or long term 5% to .01% when it expires and they never let you know that they drop as well as don t warn that the CD is going to expire soon... unless you have to keep eyes on your CDs contract's expiration date. Sadly, we have to invest online with better interest rates and easy to keep eyes on. We have a small sum of money to keep in our local bank for emergency cash, etc. Some of our financial investment firms do the same until we remind them to update our contracts. Maybe try to take an advantage of senior citizens?
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