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Weekly Deposit Rate Report May 16, 2015
 

Weekly Deposit Rate Report May 16, 2015

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The best savings rates available this week on rate list are at 1.05 percent, unchanged from last week's best rate. The best money market rate available is also unchanged at 1.01 percent APY. We don't anticipate banks and credit unions increasing rates to new highs until the Federal Reserve increases the federal funds rate. This could happen as soon as June or as late as September 2015.

Listed here are the top deposit rates for May 16, 2015:

Top Savings Rates

  • Synchrony Bank Rate 1.04% APY 1.05%

  • MY Savings Direct Rate 1.04% APY 1.05%

  • Barclays Bank Rate 1.00% APY 1.00%

  • CIT Bank Rate 1.00% APY 1.00%

  • iGObanking Rate 1.00% APY 1.00%

  • Ally Bank Rate 0.99% APY 0.99%

  • American Express Rate 0.90% APY 0.90%

  • Discover Bank Rate 0.90% APY 0.90%

  • Colorado FSB Rate 0.85% APY 0.85%

  • Radius Bank Rate 0.85% APY 0.85%

  • Capital One 360 Rate 0.75% APY 0.75%

  • FNBO Direct Rate 0.75% APY 0.75%


Weekly Deposit Account Rates May 16 2015Top Money Market Account Rates

  • EverBank Rates 1.01% APY

  • ableBanking Rates 1.00% APY 1.00%

  • iGObanking.com Rates 0.90% APY 0.90%

  • Sallie Mae Bank Rates 0.90% APY 0.90%

  • Ally Bank Rates 0.85% APY 0.85%

  • Mutual of Omaha Bank Rates 0.85% APY 0.85%

  • Synchrony Rates 0.85% APY 0.85%

  • MyCCB Money Market Rates 0.83% APY 0.83%

  • EH National Bank Rates 0.80% APY 0.80%

  • First Internet Bank of Indiana Rates 0.80% APY 0.80%

  • Lone Star Bank Rates 0.80% APY 0.80%

  • Bank of Internet Rates 0.75% APY 0.75%

  • Discover Bank MMA Rates 0.75% APY 0.75%

  • Silvergate Bank Rates 0.75% APY 0.75%


 
Author: Brian McKay
May 16th, 2015