For short-term savings, money market accounts historically checked all the boxes for many savers: liquidity, great returns, and security.
In an economic moment defined by historically low interest rates and an industry-disrupting rise in online banking, where do money market accounts fit in?
When it comes to savings accounts, no-penalty CDs can offer the best of both worlds.
Kiplinger identified the banks and credit unions that offer the best combination of high rates, low fees and a customer-friendly focus.
It is clear that commercial deposit rates will fall following the Fed’s emergency rate cuts, but the initial reaction to cut them aggressively should be tempered with an eye toward the future.
The safety and wellbeing of customers and employees are of utmost importance at this difficult time, but the recent dramatic rate cuts will push banks’ management to take meaningful action to operate a sustainable business.
People are leaving money on the table if they aren’t earning any interest. BankRate.com speaks to Novantas’ Adam Stockton about CDs.
It’s been a roller-coaster ride for rates during the past few years. Novantas’ Adam Stockton weighs in on APYs in CDs and savings accounts in 2020.
Do you have the right vision for your bank? Novantas poses five questions to help guide bank executives through 2020.