Due to the Fed’s massive rate cut at the Sunday emergency FOMC meeting, banks and credit unions are starting to respond by making their own rate cuts to their deposit accounts. In short, this is overwhelming our rate tracking system at DepositAccounts. We are trying our best to keep our rates updated, but there are just too many rate cuts for us to quickly process. Thus, in the next couple of weeks, please be aware that the rates we list at DepositAccounts may not reflect the latest rates published by the banks and credit unions. Please make sure you verify the rate with the financial institution by visiting the institution’s website and/or by calling the institution.
For every bank and credit union, we include the institution’s web address and contact phone number in their profile page. These are in the overview section near the top of the bank profile page. When you click on the name of the institution in our rate tables, it’ll take you to this institution’s profile page. You can also reach this page by searching for a bank or credit union in the DepositAccounts search box on the top of each page.
If you don’t see a bank or credit union listed in our rate tables, it might be due to a manual review that’s underway. When our system identifies something unusual with a rate change at the institution’s website, it can temporarily delist the institution's products to minimize the listing of incorrect rates. Once the rates are manually reviewed and it’s confirmed that we’re listing the correct rates, those products will then be listed again in the rate tables. You can check to see if products from a bank are under review by checking the rates section of the bank’s profile page. Search for the bank or credit union in the DepositAccounts search box on top of each page. When you reach the bank profile page, select the rates tab, and you can see if the rates are currently being reviewed.