Credit Unions Offer the Best Deposit Rates
These days it’s hard to get any kind of good return on your money from an insured account. Rock-bottom interest rates have made safe investing with CD’s, money market accounts and interest-paying savings and checking accounts all-too-rare.
However, your best bet for getting a decent return is to shop at your local credit union.
GOBankingRates.com recently compiled its list of the “10 Best Bank Account Rates Today.” Lo and behold, all ten were credit unions.
You can see the list HERE.
Of course, credit unions also offer some of the best deals on fees as well. As a member, you’ll also get access to some of the best (lowest) interest rates on loans. There are literally no “gotchas” when dealing with your credit union.
So, if you’re looking for a fully-insured savings option that offers the highest APY available, be sure to check in with your credit union.
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