Talk of The Villages Florida - View Single Post - Money market/savings interest rates
View Single Post
 
Old 04-09-2024, 07:19 AM
JWGifford JWGifford is offline
Member
Join Date: Mar 2022
Posts: 87
Thanks: 563
Thanked 61 Times in 37 Posts
Default

Quote:
Originally Posted by Ellen2 View Post
I have had a sizable money market account with Truist Bank. Without notice, they suddenly dropped my interest rate from 3.05% to .01%. Needless to say, I am looking for another bank. Does anyone know of a local, brick and mortar bank/credit union, that is offering decent rates? Thanks!
American Express Bank currently paying 4.30%. Easy open, easy transfers. FDIC insured. I think online can pay more as they have less overhead.