[cordenny]

My husband & I would like to put some of our savings into CDs. We would appreciate some feedback on your experience with different banks and clubs such as AAA and AARP.

Thank you.

[villagetinker]

Double check what you are paying for the CDs. I recently saw an ad for 8% CDs, but they were selling for well OVER the $100 coupon price, which effectively lowered the rate of return to less than 3%. Also, review the nature of the bond and whether it is taxable, etc., and the financial stability of the entity issuing the bonds.
I use Amerprise to do all of the above, and my advisor has done very well for me, so well that I kept the same one from up North.

[jmvalcq]

On line banks, like Ally, and your broker can beat the cd rates at the local brick & mortar banks by a few basis points, but not large percentage differences.