Best CD Rates Today – High APYs Won't Stick Around Forever, May 10, 2024 [CNET News]
Ally Financial Inc. (ALLY)
Last ally financial inc. earnings: 4/20 07:30 am
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Source: CNET News
Key takeaways Top CDs offer up to 5.35% APY. APYs have been falling for months, despite a string of rate pauses by the Federal Reserve. Opening a CD today allows you to lock in a still-high rate and protect your earnings from additional rate drops. Certificate of deposit rates remain high following the Fed's decision last week to hold rates steady for the sixth consecutive time. But annual percentage yields, or APYs, have been falling since the end of 2023 as banks anticipate potential rate cuts later this year. So, if you've been thinking of opening a CD, now's the time to act. Today's top CDs offer APYs as high as 5.35% -- more than three times the national average for some terms. And since your rate is fixed when you open a CD, you'll enjoy the same APY for the CD's entire term, regardless of where overall rates go next. But the longer you wait to open an account, the lower your earning potential could be. Experts recommend comparing rates before opening a CD account t
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News
- Best CD Rates Today – Now's the Time to Snag APYs up to 5.35%, May 20, 2024 [CNET News]CNET News
- Interview: Persado's Lisa Spira on how banks can use GenAI to personalise marketing and appeal to Gen-Z [Yahoo! Finance]Yahoo! Finance
- Best CD Rates Today -- High APYs Won't Last Forever, May 17, 2024 [CNET News]CNET News
- Best CD Rates Today -- Don't Pass Up APYs This High, May 16, 2024 [CNET News]CNET News
- Ally Executives Discuss Collaboration, Modernization And Innovation [Forbes]Forbes
ALLY
Earnings
- 4/19/24 - Beat
ALLY
Sec Filings
- 5/20/24 - Form 424B2
- 5/16/24 - Form 4
- 5/16/24 - Form 4
- ALLY's page on the SEC website