Hudson City Savings Bank is continuing its rate-cutting ways, having just reduced the return on its money market accounts for the second time in less than a month.
That has sent the New Jersey bank sliding down our rankings of the best nationally available MMA rates.
Hudson City and AmTrust Direct had shared the lead from mid-February through early May, offering savers a top return of 1.25% APY.
There’s been little excitement in 36-month CD rates since Quaint Oak Bank popped in and out of the top spot more than a month ago.
Southeast Financial Credit Union is still pushing for their best interest rate certificate of deposit. This money in the bank deal currently has the highest interest rate on their short term and long term CD’s. The following are the credit union’s current certificate of deposit rates: