Talk of The Villages Florida - View Single Post - Money market/savings interest rates
Thread: Money market/savings interest rates
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Old 04-09-2024, 08:15 AM
Honeyb Honeyb is offline
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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!
I’ve been investing in US Treasuries at much higher rates. A 4-week or 8-week Treasury Bill is paying around 5.3%. Go to treasurydirect.gov and open an account.