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FDIC Insured Deposit Rates June 28, 2014 - Highest Rates Remain Near 1.00 Percent
 

FDIC Insured Deposit Rates June 28, 2014 – Highest Rates Remain Near 1.00 Percent

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The highest rates for June 28, 2014, remain the same as last week's best rates. Any across the board increases in interest rates will have to wait until the Federal Reserve increases the fed funds rate, which isn't expected to happen until sometime in 2015. Below are this week's top FDIC insured deposit rates for savings accounts and money market accounts.

Highest Savings Account Rates

  • Synchrony Bank Optimizer +Plus 0.95% APY

  • CIT Bank 0.95% APY

  • GE Capital Bank 0.90% APY

  • Barclays Bank 0.90% APY

  • The Palladian PrivateBank 0.90% APY

  • Ally Bank 0.87% APY

  • Colorado Federal Savings Bank 0.85% APY

  • FNBO Direct 0.85% APY

  • Discover Bank 0.85% APY

  • American Express Bank 0.80% APY

  • Bank of Internet USA 0.61% APY

  • TIAA Direct 0.60% APY

  • First Internet Bank of Indiana 0.60% APY


Highest Money Market Rates

  • EverBank 1.01% APY

  • Sallie Mae 0.90% APY

  • iGoBanking.com 0.90% APY

  • Ally Bank 0.85% APY

  • Synchrony Bank 0.85% APY

  • Mutual of Omaha Bank 0.85% APY

  • Union Federal Savings Bank 0.85% APY

  • First Internet Bank of Indiana 0.80% APY

  • ableBanking, a division of Northeast Bank 0.80% APY

  • Bank of Internet USA 0.75% APY

  • Discover Bank 0.70% APY

  • EH National Bank 0.70% APY

  • VirtualBank 0.65% APY

  • TIAA Direct 0.60% APY

  • Alostar Bank of Commerce 0.60% APY


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Author: Brian McKay
June 28th, 2014