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Ally Bank Cuts Savings and Money Market Yield to 1.39% (was 1.44%)

Wednesday, February 17, 2010 - 11:31 PMAlly Bank - Details
This cut comes only after one week since the last rate cut. CD rates also went down. The 12-month CD rate is now 1.60% APY (was 1.64%)

Refer to my Ally review for more details and for rates histories.

Ally Bank still offers 3.15% APY on a 5-year CD. The nice feature of Ally's CDs is a very small early withdrawal penalty of only 60 days of interest. Refer to my Ally CD review for more details.
Ken TuminKen Tumin5,472 posts since
Nov 29, 2009
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