All articles tagged with #high yield options
West Town Bank & Trust offers a new CD rate of 5.88% APY on a 7-month term, becoming the nationwide runner-up, while Securityplus Federal Credit Union maintains the top spot with an 8-month CD rate of 6.00% APY. There are 12 additional CDs paying between 5.75% and 5.80% APY. Markets anticipate the Federal Reserve will maintain interest rates, suggesting CD rates may not climb higher and could start declining.
Multiple new high-yield CD options have been introduced, offering rates of at least 5.50% APY, with the leading rate being 5.90% APY from Pelican State Credit Union. The number of "Benchmark Leader" CDs has increased to 28, and the top rate for a 6-month CD has slightly increased. Longer-term options are available with rates of at least 5.00% APY. The Federal Reserve's next rate decision is uncertain, but CD rates could potentially climb higher. It is advised to shop around and compare rates before making a final decision.