Banking

Banks and credit unions have started slowly lowering the interest rates they pay savers amid expectations that the Federal Reserve will eventually cut a key benchmark rate. But with the central bank expected to move slowly, the...

If you have money you’ve earmarked for a coming expense such as a new car or college tuition, a certificate of deposit is a great way to earn interest until you need the cash.CDs—sometimes just called “certificates” or, in the ...

High interest rates have been a boon for savers willing to put their money with a credit union, smaller bank or an online bank they’ve maybe never heard of in order to chase the best rates. Every $1,000 locked up in a certifica...

“I am an 18-year-old college student who wants to start off on the best foot since I’m fairly new to the financial world. I currently have a checking account and savings account with a 0.01% interest rate.I’m not sure if I shou...

Looking for a new bank? The first decision you need to make is whether you really want to keep your money at a bank at all.If you’re planning to open a new checking account, savings account or you are shopping for a loan, you a...

Savers who’ve been enjoying the highest yields in years on bank savings accounts and CDs had been bracing for lower rates. Now they seem likely to get a reprieve.The yields that banks pay are heavily influenced by the Federal R...

With interest rates on savings accounts still the highest they’ve been in years, it pays to save.But while having one savings account is good, many financial advisors and budgeting experts actually recommend keeping several, ev...

It’s been a great time for savers. With short-term interest rates at 20-year highs, it’s been easy to find generous interest rates on savings accounts, CDs and more.But it appears this era is coming to a close. After the Federa...

With short-term interest rates the highest they’ve been in more than a decade, CDs offer savers a way to lock in today’s attractive yields.For conservative savers who keep tens of thousands of dollars stashed away, jumbo CDs (s...

Short-term interest rates are the highest they have been in years; a 3-month CD can help you take advantage of them, offering a guaranteed rate that’s likely to beat most savings accounts.CDs, or certificates of deposit, offer ...