"They see land as an alternative to certificates of deposit."
Almost anybody can beat 3.5 percent on a certificate of deposit.
Imagine walking into a bank and telling them what they were going to pay you on a certificate of deposit.
Q. I have a $20,000 certificate of deposit that is coming due.
Instead, the action remains among the short-term certificates of deposit.
It's a lot better than the five and a half percent interest you're going to get on a certificate of deposit.
Rates on large certificates of deposit have gone up by a similar amount.
If the rules had allowed, she would have bought a $25,000 certificate of deposit.
The average for a five-year certificate of deposit dropped to 8.17 percent.
"Investment in our people is like a certificate of deposit," he said.