Savings Account & MMA Rates
CD (Certificate of Deposit) RatesA recent comment asked why we don’t provide some indication of a bank’s financial health when we write about them.
The answer is simple: At one time we regularly included Bankrate’s “Safe & Sound” ratings in our posts. But we didn’t get much love from our readers.
They said that everyone knows that banks offering the best rates are in financial trouble.
As long as the banks are FDIC insured — and they all are if they’re in our posts — readers made it clear they didn’t care about the ratings.
Although the situation is a little different than it was a year or so ago, we don’t think we’ll start including them again.
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