Certificates of deposit
Certificates of Deposit (CDs) are generally issued by a bank or credit union to a person depositing money for a specified length of time. In return, the financial institution pays an interest rate on the money deposited.
Trading a CD in your Millennium Account
To buy or sell a CD, please call Millennium Trust at 1.800.258.7878, option 4 to place your trade order. Since Millennium Trust does not offer any investment advice, you are responsible for selecting the CD you would like to purchase.
Pricing
To buy or sell a CD, the pricing is as follows:
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Online
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Phone
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Transaction Charge*
CD Renewal Fee
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n/a
$0
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$50
$25
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*Includes purchases, sales, liquidations, tenders, rollovers, etc. and is assessed to account at time of transaction.
Please note: The transaction charge is charged separately from the trade cost. When buying a security, you will need to have enough liquid funds to cover the cost of the purchase plus the transaction charge.
CDs are purchased directly through the financial institution offering the CD.
Millennium Trust does not recommend any particular investment or asset category. Investors are urged to speak with a tax or investment advisor before investing.