While the standard, fixed rate CD certainly has its place, here’s a CD we’ve crafted for the opportunist in us all. We call it the LIBOR Index CD. And, as its name suggests, returns on this variable rate CD are directly tied to the performance of the 3-month London Interbank Offered Rate (LIBOR). How it works is simple. As the 3-month LIBOR rate moves, so too does the rate on your CD. If you’ve been searching for a new way to benefit from a potential rising rate environment, this could be your answer.