BMO lowered its 5-year, 4-year and 3-year CD rates today. The rates had been 5.25%, 5.20% and 5.10% and are now 4.90%, 4.90% and 5%, respectively.
First Foundation Bank has introduced an Online Money Market account with a 5.25% rate. This rate is among the most competitive currently offered for online savings and money market accounts.
The bank continues to offer an online savings rate of 5.00%. Prior customers who are seeking the new rate can contact the bank and ask for a product change.
Discover recenrtly raised their 1-year CD rate from 5.00% to 5.20% APY
Forbright Bank has introduced a 9-month CD at 5.75% APY.
The bank continues to offer a 1-year CD at 5.65% APY.
Both of these products are very compelling for anyone seeking to lock in rates for the short-term and to invest in a bank that is pursuing a carbon-free future.
Bask continues to be a rate leader on the savings side and now offers an online rate slightly above many other well-known online banks.
Synchrony's online savings rate was raised today from 4.50% to 4.75% APY, making it the highest yielding savings offer of the major online banks.
Forbright raised its 1-year CD rate from 5.50% to 5.65% this morning.
Compare all 1-year CD rates here.
Bask Bank has raised its interest savings rate from 4.85% to 5.00% APY.
Bask's mileage savings program now offers 2.50 AA miles per year per dollar on deposit, and offers a 20,000 point bonus for $50,000 on deposit for more than 180 days.
First Foundation Bank has raised its online savings rate to 5.00% APY. The rate had previously stood at 4.85%.
First Foundation Bank has been a consistent rate leader since the Fed began raising interest rates in early 2022.
Compare all online savings rates here.