The best high yield saving accounts are currently earning an annual percentage yield (APY) of 5% or more. Our list of ...

Although banks are "following the Fed's lead in gradually reducing interest rates," the "rates paid on federally insured high-yield savings accounts, many offered by banks that operate solely or ...

Ivy Bank High-Yield Savings Account: Up to 5.30% APY Make the minimum $2,500 opening deposit and earn a high 5.30% APY on balances all the way up to $1 million with this high-yield savings account.

Rates on high-yield savings accounts surged this spring to their highest level in over 20 years, reaching a peak rate of 5.55% in April. That's thanks to the Federal Reserve's aggressive rate-hike ...

Coverage limits The FDIC insurance coverage limit at most banks is $250,000 per depositor, per bank, per ownership category. Ownership categories include single accounts, joint accounts and trust ...

If the bank is federally insured, it should have the FDIC logo on its website. In addition, the online link referenced at the end of this column is instructive. The FDIC insurance has worked.

Although banks are "following the Fed's lead in gradually reducing interest rates," the "rates paid on federally insured high-yield savings accounts, many offered by banks that operate solely or ...