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Current Deposit Rates – Top Savings at 1.10% – Top MMA at 1.11%
 

Current Deposit Rates – Top Savings at 1.10% – Top MMA at 1.11%

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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.

Savings Rates

  • My Savings Direct 1.09% Yield 1.10%
  • Radius Bank 1.09% Yield 1.10%
  • Synchrony Bank 1.04% Yield 1.05%
  • CIT Bank 1.04% Yield 1.05%
  • GE Capital Bank 1.04% Yield 1.05%
  • Barclays Bank 1.00% Yield 1.00%
  • iGObanking.com 1.00% Yield 1.00%
  • Ally Bank 1.00% Yield 1.00%
  • Discover Bank 0.95% Yield 0.95%
  • American Express Bank 0.90% Yield 0.90%

Highest Money Market Rates

  • EverBank 0.61% Yield 1.11% (promo rate)
  • Dime Savings Bank of Williamsburgh 1.09% Yield 1.10%
  • Northeast Bank 1.09% Yield 1.10%
  • Sallie Mae Bank 0.90% Yield 1.07% (promo rate)
  • iGObanking.com 1.09% Yield 1.09%
  • ableBanking 1.00% Yield 1.00%
  • Ally Bank 0.85% Yield 0.85%
  • Mutual of Omaha Bank 0.85% Yield 0.85%
  • Synchrony Bank 0.85% Yield 0.85%
  • MyCBB 0.83% Yield 0.83%

Check on all current deposit rates at Savings.RatesORama.com.


Author: Brian McKay
October 19th, 2015