Quote:
Originally Posted by Ellen2
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!
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Thanks for the heads up as I too was lowered. I called the mgr at Colony branch (Dawn) and she had an offer for 3.25% that she placed my MM funds in. I don't have the bulk of savings there but I do need some liquid/local so this will work for now while I consider options. FYI, as you asked for suggestions, I already use Vanguard and Schwab but also do have some with MidFL CU (MidFL did not drop their rates....yet).