MoneyRates Blog
Bank CD Yields of 5.50% and over
By MoneyRates team | Money-Rates Columnist
Banks are expected to continue to reset CD rates lower this week after U.S. Treasury yields fell last week and indications that the Federal Reserve will lower rates are very strong. Annual percantage yields (APY) of 5.50% and higher are still available from the following FDIC-insured banks:
Countrywide Bank, 1-year CD, 5.50% APY, $10,000 minimum
Salem Five [...]
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How to invest $2.6 million at a 5.25% APY
By MoneyRates team | Money-Rates Columnist
26 banks are reporting money market accounts (MMA) with an APY (annual percentage yield) of 5.25% or higher available to online investors through each bank’s website. Investing in each bank individually at the FDIC-insurance limit of $100,000 per acount could theoretically allow an individual investor to earn 5.25% on $2.6 million dollars while keeping their [...]
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