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Patriot Bank Online Money Market Deflates To 4.255% APY

Fences_
  |     |   56 posts since 2023

According to Weiss ratings, "The institution currently demonstrates what we consider to be significant weaknesses and has also failed some of the basic tests that we use to identify fiscal stability. Therefore, even in a favorable economic environment, it is our opinion that depositors or creditors could incur significant risks."

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23
fdic
  |     |   251 posts since 2022
I pulled my money out a few months back
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3
RZ
  |     |   394 posts since 2017
Agree, no reason to risk funds there when Vanguard MMA is yielding a higher rate. Thanks for the heads up.
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2

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