Current Deposit Rates – Top Savings at 1.10% – Top MMA at 1.11%
Deposit rates are stable this week as we await a possible rate hike next week from the Fed. Unfortunately, it's looking less and less likely the Fed will increase the fed funds rate this month. The final meeting the Fed has for 2015 is in December. Hopefully the Fed will finally vote to increase the rate at least once this year.
The highest savings rate available on the rate table right now is from My Savings Direct and Radius Bank. Both banks are currently offering a rate of 1.09 percent with an APY of 1.10 percent. The highest money market rate is a promo rate from EverBank at 1.11% APY.
Listed below are the highest rates offered from banks and credit unions on our rate list.
Highest Money Market Rates
Check on all current deposit rates at Savings.RatesORama.com.
RatesORama.com Average Mortgage Rates