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Trump Signs Four Executive Orders For Economic Relief - Here Is How They Will Affect You
Posted: 2 hours ago by deplorable_1  |  0 comments  |  Financial News

Updated August 9, 2020. President Donald Trump signed four executive orders at his golf club in New Jersey after failed stimulus negotiations with

Ascent MM Savings Rate Drops To 1.10% On Aug. 18, 2020
Posted: 3 hours ago by Saver2  |  0 comments  |  Bank Deals

On Tuesday, August 18, 2020, the APY for all Ascent Money Market Savings accounts will be reduced to 1.10% APY. Minimum balance requirement to earn 1.10% read more

Maintaining A Long Term Focus
Posted: Aug 10, 2020 by kcfield  |  2 comments  |  Miscellaneous

In our financial lives, a short term focus will result in an emotional roller coaster that rises and falls with the current state of the economy. read more

Open Cash Account With $100 Get Bonus Of $125 In 90-Days EXPIRES 14 AUG 2020
Posted: 29 minutes ago by Hooked  |  8 comments  |  Bank Deals

https://www.sofi.com/money/ I just signed up. You get a account number and a routing number. You must fund the account instantly using Plaid. The $100 read more

Large CD Rate Drops At Carver Federal Savings Bank, NYC (Regional Availability)
Posted: Aug 8, 2020 by alan1  |  0 comments  |  Bank Deals

(I posted about their rates back in June.) Effective July 27 60 mo. CD, $1000 minimum, was 1.92% APY, now 0.74% (60 mo. Jumbo CD, $100,000 minimum, read more

Is A Fixed Annuity As Safe As A CD?
Posted: Aug 8, 2020 by deplorable_1  |  4 comments  |  Ask The Community

Mutual of Omaha is offering a Fixed Annuity which pays 2.25% for a five-year investment (rate varies by state and age). You're able to withdraw a certain read more

CFG Down To 1.04% APY
Posted: Aug 8, 2020 by midas89  |  0 comments  |  Bank Deals

CFG dropped to 1.04% APY $25,000+

First Foundation Dropping To 1.00% Today
Posted: Aug 8, 2020 by bma737  |  3 comments  |  Bank Deals

I just received the following email. Not a bit surprising, but definitely disappointing. Hi Michael, We’re writing to let you know the interest rate on read more

HSBC Direct Savings At 0.50%
Posted: Aug 8, 2020 by Buckeyes  |  4 comments  |  Bank Deals

Email: "We're writing to let you know the Annual Percentage Yield (APY) on your HSBC Direct Savings account is changing from 0.70% to 0.50% starting read more

Early Withdrawal Penalty Waived On CD Accounts
Posted: Aug 9, 2020 by salamanca  |  2 comments  |  Bank Deals

Received email on 8.6.20 which states the following: Between today and September 30, 2020, we will waive the early withdrawal penalty on CD accounts that read more

Jobs Report Beats Estimates
Posted: Aug 9, 2020 by deplorable_1  |  2 comments  |  Financial News

Well we are not out of the woods yet but this is another step in the right direction. The stock market is also back up to pre-covid levels as well.

Is Anyone Seeing Tenants, Debtors, Etc. Being Excused From Performance B/C Of Coronaviruus?
Posted: Aug 8, 2020 by Choice  |  2 comments  |  Ask The Community

I saw a letter to editor that California tenants, landlord’s loans, etc may be excused under state law as being a force majeure event.  California read more

Rate Drops To .85% APY Starting On 6 Aug 2020
Posted: Aug 6, 2020 by salamanca  |  1 comment  |  Bank Deals

We are writing to let you know that starting tomorrow, August 6, 2020, you will earn 0.85% APY on the money in your Live Oak Bank personal savings read more

Northern Bank Direct's Money Market Drops To 0.9%
Posted: 9 hours ago by deskandchairs  |  3 comments  |  Bank Deals

Following the herd, down from 1.0% to 0.9% today.

Social Security: There May Be No Cost-Of-Living Increase In 2021
Posted: Aug 7, 2020 by JeffinEasternFL  |  8 comments  |  Financial News

Currently, the year-over-year increase in the CPI-W through the second quarter of 2020 is 0.15%.“Assuming nothing dramatic occurs in the third quarter, my read more

Ally 1% Bonus Is Offered Approximately Every 2 Years
Posted: Aug 5, 2020 by Jack11  |  1 comment  |  Miscellaneous

I looked up the dates Ally offered the 1% bonus. Based on the two times they have done so it appears that they are doing it approximately every two years. read more

Neighbors Bank Drops To 1.45% APY 8/5/2020
Posted: Aug 4, 2020 by midas89  |  0 comments  |  Bank Deals

From Neighbors Bank: "Due to evolving market conditions, our savings rate will change from 1.70% APY to 1.45% APY on balances $25,000 and over, effective read more

Online Savings Down To 0.80%
Posted: Aug 5, 2020 by enduser  |  2 comments  |  Bank Deals

Dropped to 80bps today from 1.00%

Marcus Cuts Savings Rate To .80%
Posted: Aug 5, 2020 by enduser  |  7 comments  |  Bank Deals

Received email from Marcus cutting savings rate down to .80% (.90% for AARP members)

Greeted This Morning With A Rate Drop From 1.11% To 1.04% APY
Posted: Aug 4, 2020 by valentinian  |  1 comment  |  Bank Deals

I never got a change to even finish setting up the account and they dropped the rate overnight. https://www.viobank.com/online-savings-account

Dollar Dollar Sends Warning That U.S. Is Losing Its Grip On The Virus
Posted: Aug 4, 2020 by deplorable_1  |  0 comments  |  Financial News

(Bloomberg) -- The dollar is flashing a warning sign to U.S. policy makers -- get a grip on the virus.

Top Federal Reserve Official Says US Needs Another Lockdown To Save Economy
Posted: Aug 5, 2020 by deplorable_1  |  10 comments  |  Financial News

The government should again impose strict coronavirus-related lockdowns for a month or longer across the U.S. in order to boost the economy, a read more

How To Manage Your Money During A Crisis
Posted: Aug 3, 2020 by br1168  |  0 comments  |  Financial News

As we approach the half-year mark for the Novel Coronavirus (COVID-19) pandemic in the U.S., Americans continue to feel the economic pain of furloughs and read more

Bank OZK 10 & 13-Month CD Special Drops To 1.00% APY
Posted: Aug 3, 2020 by enduser  |  0 comments  |  Bank Deals

Since July the 10-month, 13-month, and 24-month CD rates have now dropped to 1.00% APY. Click on link and add your zip code to view rates. read more

Brio Keeps Sinking... Now Down To 0.90% APY
Posted: Aug 3, 2020 by enduser  |  0 comments  |  Bank Deals

I abandon ship when they hit 1.05% dropping funds down to .01 cent. Now I'm just cycling 25 cents every six months to keep it alive until things hopefully read more

Popular Direct Lowers Savings To .75% APY
Posted: Aug 1, 2020 by Sperry8  |  0 comments  |  Bank Deals

Used to be 1.05%, dropped to .75% APY. https://www.populardirect.com/products/savings/popular-direct-select-savings/

Able Lowers Again, To .9% APY
Posted: Aug 1, 2020 by Sperry8  |  0 comments  |  Bank Deals

Down from the previous 1.05% APY. https://ablebanking.com/savings

Bellco CU Drops MM Rate To 1.00%
Posted: Aug 1, 2020 by ichaelm  |  0 comments  |  Bank Deals

Save yourself from a hard pull. Bellco has cut its rate for balances >50k from 1.25% to 1.00% https://www.bellco.org/rates.aspx#tab0-7

Fitch Revises United States' Outlook To Negative; Affirms At AAA
Posted: Aug 1, 2020 by paoli2  |  2 comments  |  Financial News

Fitch Ratings - New York - 31 Jul 2020: Fitch Ratings has affirmed United States' Long-Term Foreign-Currency (LTFC) and Local-Currency (LC) Issuer Default read more

Savings Cut To 0.75% From 1.05%
Posted: Jul 31, 2020 by WheelinDealin  |  0 comments  |  Bank Deals

Synchrony bank savings cut to 0.75% from 1.05%

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