I just got work that Emigrant Direct has lowered the interest rate offered on the bank’s savings account from an APY of 5.15% to 5.05%. This trend might continue, so those who want to lock in high rates may want to start transferring any cash they won’t need for some time into CDs or other investments.
News Flash: Emigrant Direct Lowers Interest Rate From 5.15% to 5.05% APY
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