By now you have probably heard the Fed didn't increase the fed funds rate this month so deposit rates have mostly remained the same. There is still hope for an increase in October's meeting but a lot will depend on September's employment report due to be released on Friday.
September 30, 2015 Deposit Rate Report
Best Money Market Rates
EverBank 0.61% Yield 1.11%
Dime 0.20% Yield 1.10%
Northeast Bank 1.09% Yield 1.10%
iGObanking.com 1.09% Yield 1.09%
ableBanking 1.00% Yield 1.00%
Sallie Mae Bank 0.90% Yield 0.90%
Ally Bank 0.85% Yield 0.85%
Synchrony Bank 0.85% Yield 0.85%
MyCBB 0.83% Yield 0.83%
Best Savings Rates
My Savings Direct 1.09% Yield 1.10%
Radius Bank 1.09% Yield 1.10%
The Palladian Private Bank 0.90% Yield 1.10%
Synchrony Bank 1.04% Yield 1.05%
CIT Bank 1.04% Yield 1.05%
GE Capital Bank1.04% Yield 1.05%
Barclays Bank 1.00% Yield 1.00%
iGObanking.com 1.00% Yield 1.00%
Ally Bank 1.00% Yield 1.00%
Discover Bank 0.95% Yield 0.95%
American Express Bank 0.90% Yield 0.90%
Average Deposit Rates
Money Market/Savings Min Deposit $10,000 Current Average Rate 0.510%
Money Market/Savings Min Deposit $25,000 Current Average Rate 0.600%
Money Market/Savings Min Deposit $50,000 Current Average Rate 0.610%
