Best CD Rates Today – Score Over 5% APY While You Still Can, May 22, 2024 [CNET News]
Ally Financial Inc. (ALLY)
Last ally financial inc. earnings: 4/20 07:30 am
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Source: CNET News
Your rate is fixed when you open a CD, so your APY stays the same for the entire CD term. Many experts anticipate rate cuts later this year. Locking in a high APY can protect your earnings. A certificate of deposit is an easy way to keep your extra money safe and earn guaranteed interest. Your annual percentage yield, or APY, is fixed when you open a CD, so your returns stay the same regardless of where rates go after that. And in an uncertain rate environment -- like the one we're in now -- that stability can be especially valuable. “A CD can be a great investment for a consumer who wants to lock in a higher rate for a longer time and is comfortable not needing funds during that period,” said Faron Daugs, founder and CEO at Harrison Wallace Financial Group Today's top CDs offer up to 5.35% APY, but those rates won't stick around forever. APYs have been falling since the end of 2023, and if the Federal Reserve cuts rates later this year as many experts expect, APYs will fall
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News
- Best CD Rates Today, June 14, 2024: Don't Sleep on APYs as High as 5.35% [CNET News]CNET News
- What is the Allpoint ATM network? [Yahoo! Finance]Yahoo! Finance
- Best CD Rates Today, June 13, 2024: High APYs Hold on Following the Fed's Rate Pause [CNET News]CNET News
- Revenue Diversification Aids Ally Financial (ALLY), Costs Ail [Yahoo! Finance]Yahoo! Finance
- Best CD Rates Today – High APYs Hang on the Fed's Decision, June 12, 2024 [CNET News]CNET News
ALLY
Earnings
- 4/19/24 - Beat
ALLY
Sec Filings
- 6/3/24 - Form 424B2
- 5/28/24 - Form 424B2
- 5/28/24 - Form 424B2
- ALLY's page on the SEC website