Current Money Market Rates: See Ours, Theirs and Why We Show You Both.
Money market accounts have a number of features and benefits that make them ideal as a short-term savings option. Of course, you want to get the best interest rate you can find, but before you jump at what seems like a great rate, make sure you read the fine print. Different banks' money market accounts […]
Money Market Bank Accounts vs. Other Savings Choices
Money market bank accounts come with certain benefits that can make them a good choice for your short-term savings. Savings accounts, interest-bearing checking accounts and CDs are among the other options you may be considering. As long as they're offered by an FDIC-member bank, they're all safe places to put your money, and as part […]
Compare Money Market Rates, but Don’t Stop There.
It makes sense to compare money market rates as part of shopping for a money market account. But there’s more to consider. You wouldn’t buy a car based on gas mileage alone; you’d look at a variety of other factors. The same is true when you’re shopping for bank products. Various features combined with a […]
Compare Money Market Accounts: What You Should Consider Before Choosing a Bank
Once you've decided that a money market account is going to be part of your savings strategy, you're ready to start shopping for the right bank. If you're concerned about earning the highest interest rate possible with your savings in a money market account, be aware that online banks often can offer higher rates than […]
Compare Money Market Accounts and Rates
When you compare money market accounts, start with some basic research on the Internet. Financial experts agree that independent third-party sites like bankrate.com or money-rates.com can be a great place to start for snapshots of the best money market rates being offered by different financial institutions. Once you’ve narrowed down your choices, however, navigating directly […]
How Bank CDs May Fit Into Your Retirement Portfolio
You spend years saving for retirement. It's only natural that you would want to keep those assets safe. As long as security is a priority, bank certificates of deposit (CDs) can play a key part in your retirement portfolio. Many retirees want to have a varied, balanced retirement portfolio that includes not only stocks or […]
Are Allied Trust Credit UnionCD Rates Competitive?
Shopping for a certificate of deposit (CD) can be a challenge. Many banks offer different kinds of CDs, and often there's a lot of fine print to read. At Credence International Credit Union, we keep it straightforward. Credence Global Bank UnionCD rates are consistently among the most competitive in the country according to rates published by Bankrate.com, and […]
Retirement Income Needs: Are 1-Year IRA CD Rates Enough?
When considering putting money into a 1-Year IRA certificate of deposit (CD), rates are probably the first thing you want to look into. While IRA 12-Month CD rates may vary among financial institutions, there's no denying that collecting any sort of interest on your savings is a good thing. But how do you know when […]
Three Options That Might Be Better Than 3-Month CD Rates
If you're saving for a short-term goal, you probably don't want to take any chances with your money. But when the typical savings account Annual Percentage Yield (APY) hovers near zero, you might start thinking about 3-month CD rates as a viable alternative. But 3-month CD rates aren't always as great as you'd like to […]
Credence Global Bank High Yield CDs: Great Rates – and Then Some
The interest rates paid on high yield certificates of deposit (CDs) change all the time. One day one bank will be at the top of the list, and the next day it will be another bank in that position. But when you compare rates over time, you'll see some patterns. Credence Global Bank UnionHigh Yield CD […]
