Is a money market account the best option for savers now? Here's what experts think. [CBS News]
Community Financial System, Inc. (CBU)
Last community financial system, inc. earnings: 4/20 06:45 am
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Source: CBS News
High-yield savings accounts have dominated the conversation among savers for the better part of two years, largely because they offer average rates that far surpass those of traditional savings accounts. Still, money market accounts have largely mirrored the returns savers are offered on high-yield savings accounts recently, while also offering something most savings products don't: the ability to write checks and access your funds without penalty. What's driving those returns, though, is the same force that could soon undermine them. The Federal Reserve's rate-hiking cycle a few years ago helped to push money market yields above 4% at many online banks, where they currently sit, but with at least one rate cut widely anticipated for 2026, that window may be closing. Even a single quarter-point cut could shave meaningful dollars off your annual return, after all, and banks tend to adjust their offered rates quickly once the Fed moves. So if you're sitting on cash and trying to figu
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CBU
News
- Community Financial System (CBU) was upgraded by <a style="font-weight:bold" href="https://weissratings.com/">Weiss Ratings</a> from "hold (c+)" to "buy (b-)".MarketBeat
- Community Financial System (CBU) is now covered by DA Davidson. They set a "neutral" rating and a $72.00 price target on the stock.MarketBeat
- Community Financial System, Inc. Appoints Brenda M. Hall as New Independent DirectorBusiness Wire
- Community Financial System, Inc. Reports Fourth Quarter And Full Year 2025 Results [Yahoo! Finance]Yahoo! Finance
- Community Financial System, Inc. Reports Fourth Quarter And Full Year 2025 ResultsBusiness Wire
CBU
Earnings
- 1/27/26 - Miss
CBU
Sec Filings
- 3/9/26 - Form 3
- 3/6/26 - Form 4
- 3/6/26 - Form 4
- CBU's page on the SEC website