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If you want to put some money away for savings, Synchrony Bank’s CD accounts have some of the most competitive rates on the market. See if Synchrony’s CD is the right fit for you.
This failure will cost the FDIC less than the previous one, Pulaski Savings Bank, which was estimated to cost the DIF about $28.5 million to wind down. Read more: Some of the costliest bank failures ...
Both high-yield savings and money market accounts enjoy FDIC insurance up to $250,000 per person, per bank, and per account type, making them among the safest choices for where to put your money.