Best CD Rates Today -- The Clock Is Ticking on High APYs, May 7, 2024 [CNET News]
First Internet Bancorp (INBK)
Last first internet bancorp earnings: 4/22 04:52 pm
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US:NASDAQ Investor Relations:
firstinternetbancorp.com/tearsheet.aspx?iid=4112285
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Source: CNET News
Key takeaways Top CDs currently earn up to 5.35% APY. Rates have been falling for months, despite Fed decisions to hold the federal funds rate steady. With the future of rates unclear, now's the time to open a CD and secure a still-high APY. Certificate of deposit rates have been on the way down for months, but there's still time to lock in a great rate and protect your earnings from future drops. The Federal Reserve's decision to pause rates at its Federal Open Market Committee meeting last week means high rates are likely to stick around a bit longer. But how long remains to be seen. Today's top CDs offer annual percentage yields, or APYs, as high as 5.35%. That's more than three times the national average for certain terms. But this is the sixth consecutive time the Fed has held rates steady, and nonetheless, APYs have been gradually falling since the end of 2023. So, the sooner you open a CD, the better the rate you could lock in and the greater your earning potential
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News
- Best CD Rates Today – Don't Sleep on These High Rates, May 6, 2024 [CNET News]CNET News
- Best CD Rates Today – Act Now to Lock in an APY Over 5%, May 3, 2024 [CNET News]CNET News
- Best CD Rates Today -- High APYs Remain Following the Fed's Decision, May 2, 2024 [CNET News]CNET News
- Best CD Rates Today -- Lock in a High APY Today to Protect Your Earnings, May 1, 2024 [CNET News]CNET News
- First Internet Bancorp (NASDAQ:INBK) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
INBK
Earnings
- 4/24/24 - Beat
INBK
Analyst Actions
- 4/26/24 - Keefe, Bruyette & Woods
INBK
Sec Filings
- 5/8/24 - Form 10-Q
- 4/24/24 - Form 8-K
- 3/28/24 - Form DEFA14A
- INBK's page on the SEC website