bank rates

« Archive for the ‘Banking News’ Category

Brexit Is Killing The Chances For A Fed Interest Rate Raise

The Brexit vote and concerns about the global economy has led the Fed to keep interest rates where they are — at rock-bottom lows.

The Fed Boldly Goes Where It’s Gone Many Times – Nowhere

On Wednesday the Fed, the nation’s bank for banks, left its key federal funds rate unchanged.

Fed Holds Interest Rates Right Where They Are: In The Basement

The Fed once again decided to hold interest rates at rock-bottom lows. For the latest news on the Fed, CD and savings rates, visit Bankaholic daily.

Fed Continues Down Cautious Path On Interest Rates

As expected, the Federal Reserve left interest rates unchanged at this month’s meeting of its rate-setting committee. Always find the top returns for your savings on Bankaholic.

Cautious Fed Passes On January Rate Hike

As expected, the Federal Reserve left interest rates unchanged at this month’s meeting of its rate-setting committee. Always find the top returns for your savings on Bankaholic.

J.P. Morgan Chase Plans To Increase Some Deposit Rates … But Not Those Paid To Us

With the Federal Reserve pushing interest rates higher the mega-bank will increase rates paid on some institutional accounts next month, but not the retail accounts we hold.

Liftoff! Fed Begins Pushing Rates Up

After nearly seven years of driving interest rates to record lows, the Federal Reserve changed course on Wednesday and began pushing rates higher.

Once again, the Fed says ‘not yet’ to higher rates … December last chance for 2015

The Federal Reserve put off raising interest rates, extending a historic streak of 82 straight months – nearly seven years — when the Fed has held interest rates at or near record lows.

CD Rates Responded Quickly The Last Time The Fed Pushed Interest Rates Higher

For savers investing in certificates of deposit, the question of when the Federal Reserve will finally start raising rates is all about making smart choices in a period of rising returns.

Sigh … Fed Delays Raising Rates Again

For the third time in four months, the Federal Reserve decided against raising interest rates on Thursday. It will consider higher rates again next month.

Savers Could Benefit From Goldman Buy

Goldman Sachs Bank USA is buying the online banking platform, and assuming the deposits of, GE Capital Bank, the wholly-owned banking subsidiary of General Electric.

What’s Behind E-Loan’s Top CD Rates?

It’s parent company, Banco Popular North America, is growing fast and making lots of new loans. It needs more deposits to support that effort.

CIT And OneWest Merge … Now What?

More than a year after it was first announced, CIT Bank has finally completed its controversial, $3.4 billion acquisition of OneWest Bank.

Fed Sets Clock Ticking Toward September

In a widely expected move, the Federal Reserve’s policy-setting committee shied away from raising interest rates today. But the story could be very different at its next meeting.

Colorful Trio Of Online Banks Come Out Of Merger With Lower Rates For New Savers

These banks made a splash during the recession with clever marketing and hefty returns on rewards checking and money market accounts.