You never know when when you'll need to rely upon your savings account to make ends meet. Finding a high yield savings account can help you save even more money by paying you back in higher interest rates. CNB Bank Direct is offering a high yield savings account to get you started on your savings goals. Who is CNB Bank Direct? CNB Bank Direct is based out of Bluffton, Ohio. CNB Bank Direct was started in 2008 and offered bank accounts that could be opened and start earning interest for only … [Read more...]
Smart Ways to Save Money
How much money are you setting aside into your savings account? If you are not saving money, you could be leaving yourself vulnerable in the event of a large financial problem such as a job loss or medical expenses. Saving at least 10% of each paycheck is a great start to help you start focusing on saving money and building a large emergency cash reserve. Most banks will offer a free savings account when you open a checking account with them but the interest rate on the savings may be very low. … [Read more...]
Why Choose a High-Yield Savings Account
There are numerous options available to save your money but out of all the options the thing that will impact how much you can earn is the interest rate. Selecting a high-yield savings account is one of the best ways to save up for a rainy day and to also focus on earning more money than you can with a traditional savings account. Traditional Savings Account When you open a savings account with a traditional bank you are often stuck with a very small interest rate. The average interest rate … [Read more...]
0.90% APY Savings Account Rate at TCB (Update)
Update: The 1.50% APY savings account rate offered by Tennesse Commerce bank has been adjusted down to 0.90% APY. Anyone who signed up for the special will have their rate reduced to the 0.90% APY on July 1, 2011. For the current interest rate environment, the 0.90% APY savings account rate offered by Tennessee Commerce is less than stellar. Requirements for this offer: Open a checking account (either Business or Consumer) Open a savings account Maintain at least $250 in the savings account … [Read more...]
2.79% APY with a Rainbow Savings Plan
Wilshire Bank is enticing savers with tantalizing savings rates from 1.77% up to 2.79% APY. The Rainbow Savings plan is a contract where you agree to setup monthly automatic transfers into the Rainbow Savings Account of a predetermined amount and for a predetermined amount of time. According to a CSR (customer service representative) you cannot put a lump sum in the Rainbow Savings Account, you can only make the scheduled monthly deposits. You will earn 0.26% APY more for opening a checking … [Read more...]
